BitMine Immersion (BMNR) Announces Crypto and Cash Holdings of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

Rhea-AI Summary

BitMine Immersion (NYSE AMERICAN: BMNR) announced total holdings of $10.771 billion in crypto, cash, and investments as of September 14, 2025. The company's portfolio includes 2,151,676 ETH valued at $4,632 per token, 192 Bitcoin, a $214 million stake in Eightco, and $569 million in unencumbered cash.

BitMine has established itself as the #1 Ethereum treasury globally and ranks as the #28 most traded stock in the US, with an average daily trading volume of $2.0 billion. The company is backed by prominent investors including Cathie Wood's ARK, MOZAYYX, and Founders Fund, pursuing a goal of acquiring 5% of all ETH tokens.

Chairman Thomas "Tom" Lee emphasized the convergence of Wall Street's move to blockchain and AI creating a token economy, which he believes is fostering a supercycle for ethereum.

Positive

• Massive crypto holdings of $10.771 billion, including 2.15 million ETH tokens
• Strong liquidity with $2.0 billion average daily trading volume
• Substantial cash position of $569 million unencumbered
• Backing from premier institutional investors including ARK, Founders Fund, and others
• Position as #1 Ethereum treasury globally

Negative

• High concentration risk in Ethereum, making performance heavily dependent on ETH price
• Relatively small Bitcoin holdings compared to competitors like Strategy Inc
• Significant exposure to crypto market volatility

Insights

Cryptocurrency Investment Strategist

BitMine establishes itself as the dominant ETH treasury holder with $10.8B in assets, pursuing ambitious 5% ETH ownership strategy.

BitMine Immersion has established itself as a crypto heavyweight with holdings totaling $10.771 billion, including an impressive 2,151,676 ETH tokens valued at approximately $9.97 billion at current prices. This positions the company as the world's largest Ethereum treasury and the second-largest crypto treasury globally, trailing only Strategy Inc's Bitcoin holdings.

The company's treasury strategy revolves around what Chairman Thomas Lee calls the "alchemy of 5%" - an ambitious goal to acquire 5% of all ETH in circulation. This concentration strategy aligns with their belief that Ethereum represents one of the most significant macro investment opportunities over the next decade, driven by two converging forces: Wall Street's blockchain migration and AI's emerging token economy.

Beyond Ethereum, BitMine maintains diversified holdings including 192 Bitcoin, a $214 million stake in Eightco (their "moonshot" investment), and $569 million in unencumbered cash. This portfolio composition reveals a clear strategic bet on Ethereum's dominance in the institutional blockchain ecosystem.

BitMine's market presence is equally notable, with $2 billion in average daily trading volume, ranking 28th among all US-listed stocks - outpacing established companies like Arista Networks while sitting just behind Eli Lilly. This liquidity level demonstrates significant institutional engagement and validates their claim of having support from notable investors including Cathie Wood, Founders Fund, and others.

The company frames current regulatory developments (GENIUS Act and SEC's Project Crypto) as transformational catalysts comparable to the 1971 end of the Bretton Woods system, suggesting these changes will fundamentally reshape financial services and potentially drive substantial value to their Ethereum-focused strategy.

BitMine Crypto + Cash Holdings + "Moonshots" total $10.771 billion, including 2.151 million ETH Tokens, unencumbered cash of $569 million, and other crypto holdings

BitMine is the 28th most traded stock in the US, trading $2.0 billion per day (5-day avg)

BitMine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support BitMine's goal of acquiring 5% of ETH

LAS VEGAS, Sept. 15, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) BitMine Immersion Technologies ("BitMine" or the "Company") a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, today announced crypto BitMine crypto + cash + "moonshots" holdings totalling $10.771 billion.

As of September 14th at 6:00pm ET, the Company's crypto holdings are comprised of 2,151,676 ETH at $4,632 per ETH (Bloomberg), 192 Bitcoin (BTC), $214 million stake in Eightco (NASDAQ-ORBS) ("moonshots") and unencumbered cash of $569 million.

BitMine crypto holdings reigns as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc (MSTR), which owns 638,460 BTC valued at $74 billion. BitMine remains the largest ETH treasury in the world. 

"BitMine has nearly $11 billion in total crypto holdings, surpassing the 2 million ETH milestone. As we mentioned in our August Chairman's message, the convergence of both Wall Street moving onto the blockchain and AI/ agentic-AI creating a token economy is creating a supercycle for ethereum. And the power law benefits large holders of ETH, hence, we pursue the 'alchemy of 5%' of ETH," said Thomas "Tom" Lee of Fundstrat, Chairman of BitMine. "At BitMine, we are leading our crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of our stock."

The GENIUS Act and SEC's Project Crypto are as transformational to financial services in 2025 as US action on August 15, 1971 ending Bretton Woods and the USD on the gold standard 54 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

"We continue to believe Ethereum is one of the biggest macro trades over the next 10-15 years," continued Lee. "Wall Street and AI moving onto the blockchain should lead to a greater transformation of today's financial system. And the majority of this is taking place on Ethereum."

BitMine is now one of the most widely traded stocks in the US. According to data from Fundstrat, the stock has traded average daily dollar volume of $2.0 billion (5-day average, as of September 12, 2025), ranking #28 in the US, behind Eli Lilly (rank #27) and ahead of Arista Networks (rank #29)) among 5,704 US-listed stocks (statista.com and Fundstrat research).

The company recently released a corporate presentation, which can be found here: https://bitminetech.io/investor-relations/

The Chairman's message can be found here:
https://www.bitminetech.io/chairmans-message

To stay informed, please sign up at: https://bitminetech.io/contact-us/

About BitMine
BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine's operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrintern 

Forward Looking Statements
This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine's ability to keep pace with new technology and changing market needs; BitMine's ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine's business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine's control, including those set forth in the Risk Factors section of BitMine's Form 10-K filed with the Securities and Exchange Commission (the "SEC") on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine's filings with the SEC are available on the SEC's website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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SOURCE BitMine Immersion Technologies, Inc.

FAQ

What is BitMine's (BMNR) total crypto and cash holdings as of September 2025?

BitMine's total holdings amount to $10.771 billion, including 2,151,676 ETH tokens, 192 Bitcoin, $214 million in Eightco stake, and $569 million in cash.

How many Ethereum tokens does BitMine (BMNR) hold?

BitMine holds 2,151,676 ETH tokens valued at $4,632 per token as of September 14, 2025.

What is BitMine's (BMNR) trading volume and market position?

BitMine ranks as the #28 most traded stock in the US, with an average daily trading volume of $2.0 billion (5-day average as of September 12, 2025).

Who are the major institutional investors backing BitMine (BMNR)?

BitMine is backed by prominent investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and Thomas 'Tom' Lee.

What is BitMine's (BMNR) strategic goal regarding Ethereum?

BitMine aims to acquire 5% of all ETH tokens, positioning itself as the world's largest Ethereum treasury.