BitMine Immersion Technologies has set a new record in the crypto world: its Ethereum treasury now holds more than three million tokens, worth over $12.000 billion.
BitMine, led by financial strategist Tom Lee, has significantly increased its Ethereum reserves. The firm currently holds 3,03 million ETH, which represents about 2,5% of the total existing supply.
In its most recent move, BitMine added 202.000 ETH to its portfolio, an investment worth around $820 million. With this purchase, its Ethereum position reached a value of $12.500 billion, consolidating a growth that few competitors can match.
Lee, who has built the company into a key player in the Ethereum market, recently reported that BitMine is now "halfway there" as it moves toward its goal of owning 5% of the circulating ETH supply. In addition to ether, the company also holds bitcoin, a stake in Eightco Holdings, and cash.
Follow BitMine and buy ETH safely and securely on Bit2Me.Ethereum, the engine behind BitMine's financial expansion
Ethereum has become the heart of BitMine's corporate strategy. The company, known for its aggressive expansion in the cryptoasset sector, has positioned the token as an essential pillar of its treasury, considering it the foundational infrastructure upon which the future of decentralized finance will be built. Its latest report reveals sustained growth in reserves, reflecting the confidence that institutional investors maintain in Ethereum as a long-term value generator.
Unlike Bitcoin, which is primarily established as a store of value, BitMine sees Ethereum as a broader and more functional ecosystem. Its smart contracts, decentralized applications, and, more recently, the possibility of regulated staking through ETFs recently approved, have sparked unprecedented interest among large funds and corporations. This regulatory liberalization not only formalizes institutional participation in the network, but also enables a transparent and cost-effective mechanism to contribute to its security and performance.
In parallel, the market has begun to see a structural shift: millions of ETH are leaving exchanges and heading to cold storage. This flow reveals a long-term view among large holders and, at the same time, reduces available liquidity, a factor that has historically driven price appreciation.
BitMine has taken advantage of this situation with surgical precision. It currently controls over 2,5% of the total ETH token supply, and its corporate management anticipates achieving the goal known internally as the "5% Alchemy." Under this motto, the firm seeks to consolidate itself as the leading corporate investor in Ethereum worldwide. With this, BitMine positions itself as the second largest treasury of crypto assets on the planet, behind only Strategy Inc., which holds more than 640.000 bitcoins.
Source: Strategy ETH Reserve
Financial performance supports this ambition. BitMine's combined holdings—which include cryptocurrencies, cash, and strategic bets on emerging projects classified as "moonshots"—now total $12.900 billion. This portfolio includes 3,03 million ETH tokens and $104 million in fully available liquidity.
On the stock market, the company maintains a dizzying pace: its shares trade at an average of $3.500 billion in daily volume, placing BitMine among the 25 most traded stocks in the United States, surpassing even giants like Nike. This dynamism also places it as a leader among companies with crypto treasuries, both in terms of net asset value growth per share and trading liquidity.
In his recent October message, BitMine's president highlighted the arrival of the "Ethereum supercycle," a phase that, according to the company, will mark a structural shift in the network's mass adoption. Thus, with a firm commitment to the ecosystem, BitMine not only seeks to maximize returns but also to redefine Ethereum's institutional role within the global financial system.
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BitMine defies market decline and leads institutional race for Ethereum
BitMine has burst onto the digital investment scene, establishing itself as one of the most influential players in institutional Ethereum management. In recent days, the firm has taken advantage of the recent crypto market correction to expand its position in ETH, purchasing more than 202.000 tokens and bringing its total holdings to over 3 million units. With this, BitMine now controls around 2,5% of Ethereum's circulating supply, surpassing the halfway point toward its ambitious goal of own 5% of the total ETH.
Lee explained that the recent drop in Ethereum's price represented a golden opportunity to increase the company's exposure. Its vision has been backed by a solid group of institutional investors and strategic funds, including Cathie Wood's ARK Invest, Founders Fund, Bill Miller III, Pantera Capital, DCG, and Galaxy Digital. This backing not only cements BitMine's credibility but also strengthens its influence within a market that increasingly recognizes the financial value of cryptoassets.
According to recent data from CoinShares, Ethereum-based investment products saw weekly inflows of $1.480 billion, pushing the annualized flow to an all-time high of $13.700 billion. This figure nearly triples the 2024 level and confirms the growing institutional interest in ETH, despite recent market volatility. BitMine's move, therefore, does not occur in a vacuum, but rather within a wave of adoption that cements Ethereum as a legitimate and attractive asset for large investors.
Since the beginning of 2025, BitMine (BMNR) shares have risen 631%, a direct reflection of the market's confidence in its strategy. Its ability to attract capital, strengthen investor relationships, and actively manage its digital assets has allowed it to position itself as a benchmark within the competitive crypto-financial ecosystem.
With solid leadership and a long-term vision focused on consolidating Ethereum as a pillar of digital finance, BitMine is emerging as one of the undisputed players in the sector's institutional transformation.
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