BitMine’s Ethereum Holdings Top 2.1 Million After Fresh 46,255 ETH Buy

Earlier as we speak, Ethereum (ETH) treasury agency BitMine Immersion Technologies (BMNR) added to its ETH holdings, as on-chain information reveals that the agency bought one other 46,225 tokens, rising its whole ETH holdings to over 2.1 million ETH.

BitMine’s Total Ethereum Holdings Surge Past 2.1 Million ETH

According to an X post by on-chain analytics account Lookonchain, BitMine appears to have additional elevated its whole ETH holdings. Notably, the agency’s pockets added one other 46,225 ETH to its whole holdings, price barely greater than $200 million.

It must be recalled that on September 8, BitMine had purchased 202,500 ETH, serving to it enhance its whole ETH holdings to greater than two million for the primary time ever. Eventually, the agency goals to carry 5% of the full ETH provide.

The New York Stock Exchange-listed (NYSE) agency has been on an ETH shopping for spree all summer time. Following as we speak’s buy, its whole ETH holdings have now surged above 2.1 million, price roughly $9.27 billion on the time of writing.

It is price highlighting that BitMine presently holds the most important quantity of ETH amongst all public corporations. According to information from Coingecko, SharpLink is a distant second on the record, with 837,230 ETH on its stability sheet.

Other corporations like Coinbase (136,782 ETH), Bit Digital (120,306 ETH), and ETHZilla (102,246 ETH), spherical up the highest 5 holders of ETH. Notably, 9 out of the highest ten corporations holding probably the most quantity of ETH are US-based.

Following as we speak’s buy, BitMine’s inventory BMNR is buying and selling at $47.85, up 4.93% on the day. On a year-to-date (YTD) foundation, the inventory has jumped a whopping 559%, making it the most effective performing crypto-related shares this 12 months.

ETH Giving Bitcoin A Run For Its Money

As an rising variety of corporations embrace ETH because the digital asset of alternative, consideration has been steadily shifting away from the most important cryptocurrency by market cap, Bitcoin (BTC). However, this doesn’t imply that ETH has utterly displaced BTC.

That mentioned, the pattern of corporations selecting so as to add ETH to their stability sheets gained important momentum in 2025. Yesterday, Cyprus-based agency Robin Energy announced it had purchased ETH price $5 million.

Similarly, in August, SharpLink bought one other 56,533 ETH to extend its whole ETH reserves. In the identical vein, Jack Ma-linked Yunfeng Financial invested near $44 million into ETH earlier this week.

ETH may see additional worth appreciation as staking exercise on the community continues to develop at an exponential fee. At press time, ETH trades at $4,435, up 1.5% up to now 24 hours.