BitMine’s ETH treasury now holds 2,069,443 ETH (~$9B), making BitMine one of the largest public Ethereum treasuries; the company also disclosed 192 BTC and $266M cash, and a $20M strategic investment in an Eightco Holdings Worldcoin-focused treasury that sent OCTO shares sharply higher.
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2,069,443 ETH on BitMine balance sheet (≈ $9B)
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BitMine invested $20M in Eightco Holdings, which focuses on Worldcoin (WLD) treasury strategy.
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OCTO shares rose over 3,000% intraday; BMNR remains second-largest public crypto treasury by value.
BitMine ETH holdings hit 2,069,443 ETH (~$9B); read the full breakdown and market impact — latest figures, quotes, and analysis.
Publication date: September 8, 2025 | Updated: September 8, 2025
What are BitMine’s ETH holdings and overall treasury composition?
BitMine’s ETH holdings stand at 2,069,443 ETH, worth approximately $9 billion, making its Ethereum treasury among the largest held by any publicly traded company. The company also reported 192 Bitcoin (≈ $215M) and $266M in cash.
How did BitMine describe the strategic rationale for its holdings?
BitMine Chairman Tom Lee said the firm sees a convergence of Wall Street on-chain adoption and AI-driven token economies creating a potential “supercycle for Ethereum.” He framed ETH accumulation as a long-term treasury allocation that supports network value and optionality for future initiatives.
How did the $20M investment in Eightco Holdings affect markets?
BitMine disclosed a $20 million “moonshot” investment in Eightco Holdings, an e-commerce operator implementing a Worldcoin (WLD) treasury strategy. The investment is intentionally small relative to BitMine’s balance sheet but aimed at backing projects that could boost Ethereum network value.
What happened to OCTO and BMNR shares after the announcement?
Following the disclosure, Eightco Holdings (OCTO) shares surged over 3,000% to $46.01 intraday. BitMine (BMNR) shares rose roughly 0.5% in early trading, trading near $42.36 at the time of reporting.
How does BitMine compare with other public crypto treasuries?
BitMine now controls more than 1.7% of the ETH supply, holding materially more ETH than its closest public competitor. Below is a concise comparison of available public treasury figures.
| Company | ETH (tokens) | ETH value (approx.) | BTC | Cash | % of ETH supply |
|---|---|---|---|---|---|
| BitMine (BMNR) | 2,069,443 | ≈ $9.0B | 192 BTC (≈ $215M) | $266M | ≈ 1.7% |
| SharpLink Gaming | — | ≈ $3.63B (ETH value) | — | — | Less than BitMine |
| Strategy (largest public Bitcoin treasury) | — | — | ≈ $72B (BTC portfolio) | — | — |
Why does BitMine view small “moonshot” investments as important?
BitMine compares these allocations to Google’s “Other Bets”: small, high-conviction stakes that could produce outsized returns or strategic synergies. The company said it will prioritize opportunities that enhance Ethereum network value and integration.
Transparency note
BitMine published the holdings in its latest corporate disclosure. The company also summarized the disclosure on social channels with a post that listed token counts and the chairman’s message. (Social posts and third-party coverage are referenced here as plain text only.)
Frequently Asked Questions
How much of the ETH supply does BitMine hold?
BitMine holds roughly 1.7% of total ETH supply based on the disclosed 2,069,443 ETH figure, placing it among the largest public Ethereum treasuries.
Is BitMine shifting its business model?
BitMine remains an Ethereum treasury company by strategy; the firm is expanding treasury allocations and selectively investing in projects that align with its view of Ethereum-led network value.
Who co-founded Worldcoin?
Worldcoin’s project was co-founded by individuals including Sam Altman, publicly referenced in reporting about Worldcoin and related treasury strategies.
Key Takeaways
- Large ETH stake: BitMine holds 2,069,443 ETH (~$9B), becoming a dominant public Ethereum treasury.
- Strategic investment: $20M invested in Eightco Holdings, which centers its treasury strategy on Worldcoin (WLD).
- Market impact: OCTO shares spiked over 3,000%; BMNR saw modest gains, while BitMine’s ETH concentration increases its market influence.
Conclusion
BitMine’s disclosure confirms a major concentration of ETH (2,069,443 tokens) and signals an active treasury strategy that includes opportunistic investments tied to token economies like Worldcoin. Investors and observers should watch future disclosures for allocation trends and any further strategic stake-making that could affect network value and public-market dynamics.
