Bitmine acquires another 179,251 eth, raising its reservations to 2.83 million tokens

By Hannah Pérez

Bitmine Immersion is consolidated as Ethereum’s largest public treasury in the world, with ETH valued at more than USD $ 13 billion. It is also the second largest cryptocurrency treasury after Strategy.

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• Bitmine company added about 180,000 ETH in one week.
• He raised his holdings to 2.83 million ETH consolidating himself as the largest Ethereum treasury in the world.
• It also maintains USD $ 456 million in cash, 192 BTC and a participation in the Eightco firm.
• It is the second largest corporate cryptocurrency holder in the world after Strategy.

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The public company Bitmine Immersion Technologies (BMNR), quoted in the New York Stock Exchange and originally dedicated to the mining of Bitcoinhas reported on Monday a new acquisition of Ethereum (ETH) that strengthens its position as one of the greatest corporate accumulators of cryptocurrencies in the world.

According to an official press release issued by the company, Bitmine He added 179,251 eth to his balance last week, which raises its total reservations of this asset to 2.83 million tokens. This purchase, valued at approximately USD $ 821 million at the current market price, is part of an aggressive accumulation strategy that has transformed the company’s approach this year.

The announcement emphasizes that the total cryptocurrency and effective holdings of the company now amount to $ 13.4 billion. This includes Not only the 2.83 million ETH, but also USD $ 456 million in cash, 192 Bitcoins (BTC) and a participation in Eightco Holdings (Orbs), a treasury vehicle focused on digital assets such as Worldcoin.

The company’s total ownership of the company are valued at about USD $ 13.13 billion at the time of edition, at a price of Ether of USD $ 4,642 the unit, while its Bitcoins Almost USD $ 24 million is worth at a price of around USD $ 124,500 per currency.

Bitmine added almost 180,000 eth in a week

Bitminefounded in 2018 and initially specialized in immersion cooling technologies for sustainable mining operations, pivoted in June 2025 towards a treasury strategy centered on Ethereum as the main reserve asset. This change, inspired by models such as Strategythe largest corporate holder of Bitcoinalign the company with a growing trend between public companies that adopt cryptocurrencies as strategic reserves.

“We are still confident that the two investment supercycle narratives remain: artificial and crypto intelligence. Since the price of ETH is a discount to the future, this predicts well for the Token and is why the main asset of Bitmine’s treasury is Eth”said Thomas Lee, president of the company and co -founder of Fundstrat Capitalin the statement.

The most recent acquisition represents an increase of around 180,000 ETH in just one week, from the 2.65 million reported on September 29, as noted The Block. The publication positions Bitmine as the greatest corporate treasurer in ETH and the second of cryptocurrencies in general, only behind Strategycurrently with 640,031 BTC.

The recent rally in the cryptocurrency market, marked by the new historical maximum of Bitcoin Above $ 125,000 and a 10% rise in ETH during last week, it has helped raise the value of these reserves.

Bitmine ETH accumulated aggressively since July, when its holdings were just 566,776 tokens, and reiterates the company’s objective to reach 5% of the total supply of Ethereumequivalent to about 6 million tokens, to capitalize on the long -term network effects of the network, including its role in financial infrastructure and workloads related to AI.

The holdings of Bitmine They represent more than 2% of the total supply of Ethereum.

The biggest public treasurer in Ethereum in the world

The movement underlines the company’s leadership in ETH corporate adoption, where firms such as Sharplink Gaming and The Ether Machine Similar plays are also followed, located in the 2nd and 3rd place among the largest treasury of Ethereumrespectively.

The actions of Bitmine 6.7% rose in Mondays to $ 60.45, in the middle of a gain of 740% in the last six months, according to data from Google Financereflecting the positive market response to the momentum Cryptocurrency Alcista and the company’s continuous accumulation strategy.

With this, Bitmine Not only is it consolidated as a key actor in the ecosystem Blockchainbut also illustrates the evolution of the sector towards diversification beyond Bitcoin. The company plans to generate additional yields through Staking of its eth and exploration of decentralized finance protocols (DEFI), maintaining its commitment to sustainable practices.

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Article written with the help of AI, edited by Diariobitcoin

Image generated with AI tool, under free use license

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