CoinwyCoinwy
  • Blockchain
  • Crypto
  • Market
  • News
Reading: BitMine Amasses World’s Largest Ethereum Treasury Worth $2.9B
Share
Font ResizerAa
CoinwyCoinwy
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Categories
    • News
    • Market
    • Crypto
    • Coinbase
    • Mining
    • Stocks
  • Bookmarks
    • My Bookmarks
    • Customize Interests
  • More Foxiz
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Coinwy > Blog > Crypto > Ethereum > BitMine Amasses World’s Largest Ethereum Treasury Worth $2.9B
Ethereum

BitMine Amasses World’s Largest Ethereum Treasury Worth $2.9B

Noah Carter
Last updated: August 5, 2025 7:57 am
Noah Carter
Published: August 5, 2025
Share
Key Points:
  • BitMine Immersion amasses over $2.9 billion in Ethereum treasury.
  • Largest corporate ETH holder with 833,137 ETH.
  • Strategic move impacts Ethereum supply and market liquidity.

BitMine Immersion Technologies has amassed the world’s largest Ethereum treasury, valued at over $2.9 billion, by accumulating 833,137 ETH as of August 3, 2025.

MAGA Finance

This event impacts Ethereum’s market by reducing liquid supply, with BitMine now holding 5% of global ETH, potentially altering market dynamics and influencing investor strategies.

BitMine Immersion Technologies has secured ownership of 833,137 ETH, valued over $2.9 billion as of August 2025. This achievement set them apart as the largest corporate holder of Ethereum within just 35 days of executing their strategy.

“Institutional giants like ARK Invest and Pantera Capital participated in this significant move. Notably, Bill Miller III has taken a major stake in BitMine, bolstering the company’s influence in the crypto finance sector,” said Bill Miller III, an Institutional Investor.

The acquisition represents about 5% of Ethereum’s global supply, impacting market liquidity by reducing circulating supply. According to an on-chain analytics report, BitMine’s ETH holdings now represent this significant portion. These actions have reverberated across the crypto market, affecting stakeholders and market dynamics.

BitMine’s move has massive implications for the cryptocurrency sector by directly affecting Ethereum’s availability. BitMine’s strategic positioning could potentially reshape investor perceptions and engagement with digital asset accumulation.

Analysts compare BitMine’s strategy to MicroStrategy’s Bitcoin holdings, noting significant parallels. Institutional participation, like ARK Invest’s, underscores the appeal of such high-value ventures in the current economic context.

The event anticipates potential regulatory scrutiny as BitMine represents a considerable stake in Ethereum’s network. As participation increases, market experts speculate on sustained impacts on crypto regulation and technological advancements in blockchain integration.

Ethereum Whales Accumulate 1.49 Million ETH in 30 Days
BitMine’s Ethereum-Focused Strategy Drives Market Surge
Ethereum Pectra Upgrade Spurs Layer-2 Proliferation
Ethereum Foundation Reshapes Leadership, Boosting Market Optimism
Ethereum Shows Growth Driven by Ethereum 2.0 Transition

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article The Digital Revolution Summit 2025 The Digital Revolution Summit 2025
Next Article Remitly Implements Stablecoins for Cross-Border Payments
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Popular News
Galaxy Digital Q2 2025 Financial Results: Tokenization Rumors and Key Highlights
BTC Price will Hit $100K before Bitcoin Sweeps $30K Lows
Crypto Bahamas: Regulations Enter Critical Stage as Gov’t Shows Interest

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

©2024 Coinwy.com. All Rights Reserved.
  • Privacy Policy
  • Contact
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?