Bitmine Immersion Technologies becomes the second largest public treasury of cryptocurrency in the world, collecting over 1.5 million Ethereum tokens in just six weeks of launching the accumulation strategy.
Instant expansion in the world of Ethereum
Bitmine Immersion Technologies (listed on the NYSE Stock Exchange Pod Ticker BMNR) announced that its cryptocurrency resources exceeded USD 6.612 billion, consisting of $ 1.523.373 ETH tokens worth $ 4.326 per token and 192 bitcoins. This extraordinary achievement puts the company in the second position among public cryptocurrency treasury, just behind Microstrategy.
The company launched its strategy “Eth Treasury” on June 30, 2025, closing the first round of financing on July 8. In just 35 days, the company moved from scratch to over 833 thousand ETH tokens, and then continued their aggressive expansion.
Strategy “Alchemia 5%” and vision of the future
Bitmine led by Tom Lee of Fundstrat has an ambitious purpose: purchase of 5% of all ETH supply and capitalization of the potential of the Ethereum network for large -scale finance. This is a bold strategy that can define a new standard for corporate treasures.
Tom Lee, chairman of the Bitmine Directors Council, comments:
In just a week, Bitmine increased its ETH resources by $ 1.7 billion to $ 6.6 billion, adding over 373,000 tokens when institutional investors expressed interest and support for our pursuit of ‘5%’ ETH alchemy
Beating Bitcoin giants
Bitmine was outlined by Mara Holdings, whose BTC treasury is valued at $ 5.9 billion. This is a symbolic moment for the Ethereum ecosystem, showing that institutional investors see the potential of the second largest cryptocurrency in the world.
The company not only collects tokens, but also plans to use them. Bitmine currently stores its ETH as freely available liquid tokens, although in the future the company intends to use these assets to generate passive income, probably through staking.
Record stock market fluidity
Bitmine has become the 10th most liquid American campaign, with an average daily commercial volume of USD 6.4 billion. This is an extraordinary achievement for a company that until recently was mainly Bitcoin digger.
Market prospects and challenges
BMNR shares are recorded after USD 55.49, falling from the top of USD 135, when the treasury was first announced. Despite the correction, investors retain confidence in the company’s long -term strategy.
Transparency as a competitive advantage
Bitmine treasury is an exception, being publicly visible. A total of 1.17 million ETH is stored in public portfolios, and new purchases come from Galaxy Digital and other OTC offices. This transparency distinguishes the company from the competition.
Comparison with competitors
Bitmine is not the only company building Skarbiec ETH. The company is developing its treasury more aggressively compared to the competitor, Sharplink Gaming (SBET), who stopped temporarily without making new purchases from August 10.
Bitmine retains the largest share among ETH treasures, which currently have a total of 3.7 million tokens. Treasures still give way to ETFs from 6.5 million ETH.
Vision of financial transformation
Tom Lee remains optimistic about the future:
We still believe that Ethereum is one of the biggest macro winners for the next 10-15 years. Wall Street and AI switching to blockchain should lead to a greater transformation of today’s financial system. And most of these phenomena take place on Ethereum
Bitmine Immersion Technologies proves that bold corporate strategies can bring spectacular results. The company has built one of the largest cryptocurrency treasures of the world at a record pace, showing that Ethereum can be an equally attractive reserve of values as Bitcoin. The question is, will other companies follow in her footsteps?
