Bitmine Scoops Up Another 18,345 ETH – Ethereum’s Top Treasury Doubles DownBitmine has acquired 18,345 ETH (~$54.94M) in a fresh accumulation move, extending its lead as the largest Ethereum treasury in the world.
With total holdings now around 3.7M+ ETH, Bitmine controls roughly 3% of ETH’s circulating supply, eclipsing every other corporate ETH treasury by a wide margin.
This latest buy comes as Ethereum trades back above the $3,000 level, with whales and institutions signaling renewed conviction ahead of the next wave of network upgrades.
Bitmine’s strategy is clear: treat ETH as a long‑term reserve asset, keep accumulating on dips, and position itself as the
“MicroStrategy of Ethereum”.
Are you bullish on this level of corporate ETH concentration, or does it worry you?
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