BITMINE: AT THE TOP WITH A CRYPTO GIANT ETH TREASURE!
BitMine Immersion Technologies, led by Tom Lee, has taken a giant step in the crypto world. The company announced that it has accumulated 833,000 ETH over the past 18 months through OTC markets and strategic partnerships; this amount is worth approximately $3 billion and corresponds to 0.7% of the circulating ETH supply (Lee, 2025). This earns BitMine the title of the world's largest ETH treasury, positioning it ahead of competitors such as Coinbase and Grayscale. The company views ETH as “digital infrastructure” and prefers it to Bitcoin, as it believes Ethereum has a higher potential for real-world applications (Lee, 2025).
Some of the assets are staked to provide passive income, while the rest are stored in cold wallets. ETH-collateralized products are planned for the future. This strategy aims to prevent price pressure through silent accumulation.
Other sources confirm this: BitMine is the largest institutional holder with 833,137 ETH (The Block, 2025). According to Cointelegraph, holdings exceeded $3 billion and triggered an ETH rally (Cointelegraph, 2025).
In conclusion, BitMine's move could transform the crypto ecosystem by reinforcing institutional investors' confidence in Ethereum.
