BitMine's cryptocurrency holdings have achieved significant milestones, now ranking as the top Ethereum treasury and the second-largest global crypto treasury, trailing only Strategy Inc (MSTR), which holds 628,946 $BTC coins valued at $74 billion. The company holds the distinction of being the world's largest $ETH treasury.
Since launching its ETH Treasury strategy on June 30th and closing on July 8th, BitMine has made remarkable progress in just six weeks.
"In a single week, BitMine's ETH holdings grew by $1.7 billion, reaching a total of $6.6 billion. We added over 373,000 tokens, bringing our total from 1.15 million to 1.52 million tokens, as institutional investors have shown strong interest and support for our goal of acquiring 5% of the total ETH supply," stated Thomas "Tom" Lee, Chairman of BitMine and Fundstrat. "As we've consistently emphasized, we are outpacing our crypto treasury peers by both the speed at which we're increasing our crypto net asset value per share and the high trading liquidity of our stock."
The GENIUS Act and the SEC's Project Crypto are poised to bring about a transformation in financial services in 2025, comparable to the US's decision on August 15, 1971, to end the Bretton Woods agreement and decouple the USD from the gold standard 54 years ago. This 1971 event was a key catalyst for the modernization of Wall Street, leading to the creation of today's financial giants and payment systems, which ultimately proved to be better investments than gold.
"We continue to believe that Ethereum represents one of the most significant macro opportunities over the next 10-15 years," Lee added. "The integration of Wall Street and AI onto the blockchain should lead to a greater transformation of today's financial system, and the majority of this activity is happening on Ethereum."
BitMine is now among the most actively traded stocks in the US. According to data from Fundstrat, its 5-day average daily dollar volume as of August 8, 2025, was $6.4 billion, placing it at #10 in the US. This ranking puts it ahead of major companies like JPMorgan (#27) and Alphabet (#11), and just behind United Health (#9), among 5,704 US-listed stocks.
