BitMine Immersion Technologies, chaired by Tom Lee, has rapidly amassed 833,137 ETH (worth over $2.9–$3.0 billion) in just 35 days since unveiling its Ethereum treasury strategy on June 30, 2025 
This puts BitMine ahead of SharpLink Gaming and makes it the largest publicly traded Ethereum treasury, and the third-largest corporate crypto holder overall behind MicroStrategy and MARA Holdings 
Key institutional investors like Bill Miller III, ARK Invest, Cathie Wood, and Peter Thiel’s Founders Fund have backed BitMine’s aggressive push toward owning up to 5% of ETH’s supply
