Ethereum giant BitMine now holds over 2% of the ETH market supply.

BitMine Immersion already has over 2% of Ethereum's circulating supply, consolidating its institutional and financial leadership in the crypto ecosystem.

Public mining company BitMine Immersion Technologies has cemented its position as a major player in the Ethereum ecosystem by accumulating over 2% of the circulating ETH supply. 

With a portfolio that exceeds 2,4 million ETH tokensBitMine is positioning itself as the largest corporate treasury on this network globally, strengthening its influence in the institutional cryptocurrency market and providing clear signals about the sector's evolution toward greater institutionalization.

BitMine: an expanding Ethereum institutional benchmark

BitMine Immersion has managed to accumulate approximately 2,42 million ETH, representing more than 2% of the cryptocurrency's circulating market supply. This figure, which can be viewed on the Strategic ETH Reserve platform, demonstrates not only the company's financial magnitude but also the relevance of its strategy within the ecosystem.

The value of these assets in circulation is estimated at more than $10.000 billion, a figure that places BitMine as the largest Ethereum treasury in the world. 

This position in ETH gives the company a level of institutional prominence that is difficult for other firms in the digital asset market to match. Faced with the growing corporate adoption of cryptocurrencies, BitMine has specialized in consolidating its portfolio through a diversified strategy that includes the accumulation of Ethereum and participation in emerging projects. The company, which started in the crypto mining sector, also holds a small amount of Bitcoin, the market-leading cryptocurrency, although its business model is primarily focused on Ethereum. 

During the month of September, BitMine made significant purchases of ETH worth nearly $200 million, confirming an acceleration in its accumulation process. By adding cash and strategic investments, BitMine's total assets reach $11.400 billion, which demonstrates its financial strength and focus on long-term positioning within the blockchain ecosystem.

Market dynamics also reflect strong institutional interest from professional investors, given that BitMine's shares are among the most actively traded in the United States, with an average daily volume reaching $3.500 billion. This liquidity underscores the confidence that its business model and strategic vision generate among its stakeholders.

The company's president, Thomas Lee, has noted that the convergence between Wall Street's financial transformation, blockchain and artificial intelligence is just beginning. a “supercycle” for EthereumIn this cycle, the company seeks to move towards what it calls the “5% alchemy” of the circulating supply of ETH, a strategy that involves not only increasing the amount of assets under its custody, but also influencing the financial structure of the Ethereum ecosystem and its growth prospects.

“We continue to believe that Ethereum will be one of the largest macro operations in the next 10 to 15 years.”, said Lee emphasized that Wall Street and AI's transition to blockchain should lead to a further transformation of the current financial system, and that much of this is already happening on Ethereum. 

Ethereum is conquering the global financial system

BitMine's progress is accompanied by solid financial backing, evidenced by a financing round that raised $365 million. During this issue, the company placed approximately 5,22 million shares at a 14% premium, reflecting institutional investors' confidence in the project and its ETH accumulation strategy.

BitMine's investors include well-known names in the crypto and financial sectors, such as Cathie Wood (ARK Invest), Pantera Capital, Galaxy Digital, and Thomas Lee himself. This support base provides significant capital for the company to continue expanding its operations and strengthening its digital portfolio.

Additionally, BitMine combines Bitcoin mining with the sustained acquisition of Ethereum and other digital assets, creating a diversified treasury valued at $11.440 billion. Its access to locations with low-cost energy contributes to optimizing operational efficiency, enabling accelerated and sustainable portfolio growth.

On the other hand, Thomas Lee has linked the increase in Ethereum accumulation with relevant regulatory and technological advances in the United States, particularly the GENIUS Act and the Crypto Project of the SEC. These legal frameworks are designed to modernize the traditional financial system, facilitating the integration and institutional acceptance of digital assets like Ethereum.

According to BitMine's projections, Ethereum is poised to become one of the major financial macro operations of the next decade. This positioning is supported by growing institutional support and a robust financial strategy that seeks to consolidate the cryptocurrency not only as a digital asset, but as an essential component of the global financial system.

Accelerating the institutionalization and evolution of Ethereum

BitMine Immersion's accumulation of over 2% of Ethereum's circulating supply marks a milestone in the financial and institutional maturity of the crypto ecosystem. The combination of a diversified strategy, top-tier financial backing, and long-term vision positions BitMine as a pivotal player in shaping the future of Ethereum and digital finance.

This development represents a growing integration between traditional financial markets, blockchain technology, and artificial intelligence, shaping a landscape in which Ethereum is becoming a strategic asset for institutional and corporate investors. In short, the consolidation of BitMine Immersion underscores the importance of institutional accumulation and regulatory advances that are shaping a more professionalized crypto ecosystem.

Looking ahead, BitMine not only represents a major asset holder, but also positions itself as a benchmark for understanding how technological innovation, institutional capital, and the cryptocurrency market are converging to define the next era in the global financial industry.