BitMine Immersion Technologies announced a significant acquisition of 80,325 Ethereum (ETH) tokens, valued at $358 million. These tokens were purchased from Galaxy Digital and FalconX on September 4, 2025.
This latest acquisition brings BitMine's total ETH holdings to 1,947,299 tokens. The total value of its ETH holdings now stands at $8.69 billion, according to on-chain analyst EmberCN.
The transaction demonstrates BitMine's continued aggressive execution of its Ethereum treasury strategy. It reinforces the company's commitment to accumulating a substantial portion of the ETH supply, further solidifying its position as a leading ETH holder.
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