$ETH Bitmine has officially risen to become the world’s second-largest crypto treasury, overtaking MARA (which holds ~50K BTC worth ~$5.8B) and now trailing only Strategy (~$75B).
In the past week alone, Bitmine accumulated 373,110 ETH (~$1.7B), bringing its total crypto holdings to $6.61B:
- 1,523,373 $ETH worth $6.59B
- 192 $BTC worth $22M
Bitmine launched its ETH accumulation strategy on June 30, 2025, and has reached $6.6B in assets in just about six weeks—a pace far faster than Strategy, which took nearly a year (Aug 2020 – Aug 2021) to amass the same value.
What’s your take – will Bitmine’s rapid rise as the No.2 crypto treasury reshape the competitive landscape, or will Strategy’s massive $75B lead keep it unchallenged for the foreseeable future?
