Tom Lee’s Ethereum treasury BitMine tops 2 million ETH value over $8.5 billion

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BitMine Immersion Applied sciences, the biggest company holder of Ethereum, stated Monday it now holds greater than 2 million ETH value over $8.5 billion, up from 1.8 million ETH reported final Tuesday.

The agency continues to carry 192 Bitcoin and reported $266 million in money on its stability sheet.

BitMine maintains the world’s largest Ethereum treasury and ranks because the second-largest crypto treasury globally, behind Technique, which holds 638,460 Bitcoin valued at $71 billion.

“BitMine has surpassed the two million ETH milestone this previous week. As we talked about in our August Chairman’s message, the convergence of each Wall Road shifting onto the blockchain and AI/ agentic-AI making a token financial system is making a supercycle for Ethereum,” stated Thomas “Tom” Lee, Chairman of BitMine. “And the ability regulation advantages giant holders of ETH, therefore, we pursue the ‘alchemy of 5%’ of ETH.”

The corporate additionally introduced a $20 million strategic funding in Eightco Holdings as a part of OCTO’s $270 million PIPE. This funding marks the start of BitMine’s “Moonshot” technique, which allocates roughly 1% of its stability sheet to strengthen the Ethereum ecosystem.

BitMine has emerged as probably the most actively traded shares within the US, with a five-day common every day buying and selling quantity of $1.7 billion as of September 5, 2025. This locations it at #30 amongst US-listed shares, positioned between Financial institution of America Corp and Exxon Mobil Corp.

The corporate maintains assist from institutional traders, together with ARK’s Cathie Wooden, MOZAYYX, Founders Fund, Invoice Miller III, Pantera, Kraken, DCG, and Galaxy Digital, in its pursuit of buying 5% of ETH.

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