BitMine Immersion Becomes Top Global Ethereum Treasury

BitMine Immersion Technologies (NYSE American: BMNR) has officially established itself as a global leader in digital asset treasuries, announcing crypto and cash reserves worth over $8.82 billion as of August 24, 2025. These holdings include 1.71 million Ethereum (ETH) valued at $4,808 each, 192 Bitcoin (BTC), and more than $562 million in cash.

This achievement positions BitMine as the largest Ethereum treasury in the world and the second-largest crypto treasury globally, just behind Strategy Inc. (MSTR), which holds over 629,000 BTC worth $71 billion. The company’s aggressive accumulation strategy has made it a pivotal player in the institutional adoption of Ethereum.

Rapid Growth In Assets And NAV

BitMine’s reserves have jumped $2.2 billion in just one week, rising from $6.6 billion to $8.8 billion thanks to the addition of more than 190,500 ETH. As a result, the company’s Net Asset Value (NAV) per share climbed to $39.84 on August 24, up from $22.84 on July 27. With over 221.5 million shares outstanding, BitMine’s growth has attracted considerable investor attention.

Tom Lee, chairman of BitMine and co-founder of Fundstrat, highlighted this milestone: “For the second week in a row, BitMine raised institutional capital at a rapid pace. Our goal remains the ‘alchemy of 5%’—owning five percent of all ETH in circulation.”

Institutional Support

BitMine’s strategy has drawn backing from some of the most prominent names in finance, including Cathie Wood (ARK), Founders Fund, Pantera, Kraken, DCG, Galaxy Digital, Bill Miller III, and MOZAYYX. Such high-profile endorsements reinforce BitMine’s credibility as it aims to cement Ethereum’s role as a macro-asset for the next decade.

Trading Liquidity And Market Impact

According to Fundstrat data, BitMine is now one of the 20 most actively traded U.S. stocks, with a five-day average daily trading volume of $2.8 billion as of August 24. This places BMNR just behind Coinbase (19th) but ahead of financial giants like JPMorgan (27th) and even Palo Alto Networks. Out of more than 5,700 listed U.S. stocks, BitMine’s liquidity underscores its rapid rise in global capital markets.

Broader Context

The announcement comes at a time of growing comparisons between the current crypto transformation and the historic end of the Bretton Woods system in 1971, which reshaped Wall Street and global finance. BitMine executives argue that Ethereum is now driving a similar paradigm shift, with blockchain and artificial intelligence expected to transform financial systems.

Lee emphasized: “We believe Ethereum will be one of the largest macro-currencies in the next 10–15 years. Most of the innovation on Wall Street and in AI is happening on Ethereum.”

About BitMine Immersion

BitMine operates Bitcoin and Ethereum mining networks, focusing on accumulating long-term crypto reserves. Its business lines include direct Bitcoin mining, synthetic mining, hashrate financial products, advisory services for listed companies, and mining consultancy. Operations are concentrated in low-cost energy regions such as Trinidad and Texas (Pecos and Silverton).

Disclaimer: The content above reflects the author’s personal views and does not represent any official position of Cobic News. The information provided is for informational purposes only and should not be considered as investment advice from Cobic News.