BitMine Leads Ethereum Treasuries with $6.6 Billion in Holdings
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 18 2025
BitMine's Ethereum Holdings: BitMine Immersion Technologies has become the largest Ethereum treasury globally, with crypto holdings valued at over $6.612 billion, owning 1,523,373 Ethereum and 192 Bitcoin.
Rapid Growth: The company launched its ETH treasury strategy on June 30th and added more than 373,000 ETH in six weeks, increasing its reserves by $1.7 billion.
Market Impact: BitMine's stock has become one of the most actively traded in the U.S., with a five-day average daily dollar volume of $6.4 billion, despite a recent decline in stock price due to falling Ethereum values.
Ethereum's Financial Significance: Thomas Lee compares Ethereum's potential impact on finance to the U.S. leaving the Gold standard in 1971, suggesting it could drive significant transformation in the global financial system over the next 10-15 years.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
