Bitmine Keeps Buying, Expanding Its ETH Treasury to 5.78M Tokens Worth $11.3 Billion
TL;DR
- Bitmine expanded its Ethereum treasury by purchasing 9,946 ETH, increasing its total holdings to 5,787,414 ETH valued at approximately $11.3 billion, making it one of the largest corporate holders of Ether.
- The company also repurchased 6.1 million common shares during the past week, signaling continued confidence in both its balance sheet and long-term digital asset strategy.
- Chairman Tom Lee said Bitmine has acquired ETH every week since launching its treasury strategy in June 2025, reinforcing the company’s focus on Ethereum as a core treasury reserve.
Bitmine Keeps Buying as the company continues to strengthen one of the largest corporate Ethereum reserves in the market. After adding another 9,946 ETH over the past week, the firm’s treasury now holds 5,787,414 ETH worth roughly $11.3 billion at current market prices. The latest purchase extends a buying streak that has remained uninterrupted since the company introduced its Ethereum treasury strategy in late June 2025.
The accumulation reflects a growing trend among publicly traded companies that are expanding beyond Bitcoin and treating Ethereum as a strategic treasury asset. While Bitcoin remains the dominant reserve cryptocurrency for most corporations, Ethereum’s expanding role in decentralized finance, tokenization, and staking has attracted increasing institutional attention.
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