BitMine ETH Treasury Nears 6 Million Tokens As Total Holdings Reach $17.1B
Summary
BitMine Immersion Technologies has nearly reached 6 million ETH in its treasury, reporting 5,983,940 ETH in a September 21 filing. The company also disclosed 212 BTC, $714 million in cash and marketable securities, a $180 million stake in Beast Industries, and a $105 million stake in Eightco. BitMine valued its total disclosed holdings at $17.1 billion. Its ETH position represents about 4.9% of the circulating ETH supply cited in the filing. The filing highlights how corporate crypto treasuries are expanding beyond Bitcoin into Ethereum, giving BitMine significant exposure not only to ETH price moves but also to staking, network activity, and institutional demand.
