BitMine boosts Ethereum treasury with $45m as holdings near $10b
The post BitMine boosts Ethereum treasury with $45m as holdings near $10b appeared on BitcoinEthereumNews.com.
BitMine has picked up another batch of Ether, extending a buying streak that has made it one of the most aggressive ETH accumulators in 2025. Summary BitMine has lifted its Ethereum treasury to 2.07 million ETH, valued at $8.94 billion. The purchase was completed through Galaxy Digital OTC transfers, days after a $358 million single-day ETH buy. Ethereum treasuries across 70+ entities now total 4.91 million ETH, with SharpLink and Ether Machine leading alongside BitMine. Ethereum treasury firm BitMine Immersion has added another 10,320 ETH (ETH) to its growing stash. According to data from on-chain tracker Lookonchain, the purchase was worth about $44.6 million at the time of transfer, pushing the company’s total holdings to 2.07 million ETH valued at nearly $8.94 billion. Blockchain data from Arkham Intelligence shows the acquisition was carried out through three separate transfers from Galaxy Digital’s over-the-counter desk. The buy comes just days after the firm made one of the largest single-day ETH purchases ever recorded. That earlier move was valued at $358 million, extending its month-long accumulation trend of ETH. BitMine’s Ethereum treasury holdings | Source: StrategicETHReserve With its latest addition, BitMine’s treasury now represents about 1.71% of total ETH supply, all built up in under two months. Despite this rapid pace, the company has met only 34.2% of its longer-term target, leaving significant room for expansion as it continues stockpiling. BitMine’s accumulation is not happening in isolation. Across the sector, more firms are steadily adding Ether to their treasuries, pushing total institutional reserves higher and signaling that the appetite for ETH as a strategic asset continues to grow. Ethereum treasury strategies march on Ethereum treasuries have continued to expand in recent months, with new inflows showing that corporate and institutional buyers remain committed to stockpiling the asset. The growth builds on momentum from…
