BitMine Immersion Technologies announced yesterday that it now holds nearly 2% of the Ethereum circulating supply, a position valued at $13.4 billion. The announcement was made on 2025‑10‑07 and represents a significant expansion of the company’s crypto treasury.
This milestone makes BMNR the largest Ethereum treasury in the world, underscoring the company’s strategic focus on long‑term Ethereum accumulation and positioning it as a key player in the digital‑asset market. The move also signals a shift toward higher‑margin treasury activities rather than traditional mining operations.
The announcement is a new event not previously reported in the existing article set, and it materially impacts BMNR’s balance sheet and strategic outlook, meeting the criteria for newsworthiness.
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