Quick Breakdown
- BitMine Immersion now holds over 2.069M ETH worth $8.9B, the world’s largest Ethereum treasury.
- Combined with Bitcoin and cash, its balance tops $9.21B, second only to MicroStrategy.
- Announced $1B stock buyback and $20M investment in Worldcoin via Eightco as part of its Ethereum-first strategy.
BitMine Immersion Technologies (NYSE American: BMNR) has officially become the world’s largest corporate Ethereum holder, reporting more than 2.069 million ETH valued at $8.9 billion. Including Bitcoin and cash, its total treasury now exceeds $9.21 billion, making it the second-largest corporate crypto treasury globally, behind only MicroStrategy.
Ethereum Supercycle and Strategic Goal
Chairman Thomas “Tom” Lee of Fundstrat confirmed the company surpassed the 2 million ETH milestone last week, reiterating its ambition to control 5% of Ethereum’s total supply. He framed Ethereum as the centerpiece of a looming “supercycle,” fueled by Wall Street adoption and the rise of AI-driven token economies.
“Our focus is building crypto NAV per share and maintaining deep stock liquidity while scaling Ethereum exposure,”
Lee said.
“Ethereum remains one of the biggest macro trades over the next decade.”
BitMine’s stock has surged into the most actively traded equities in the U.S., with average daily volume of $1.7 billion, ranking alongside Bank of America, ExxonMobil, and Costco.
🧵
1/5BitMine released its latest $ETH and crypto holdings today, revealing:
– 2,069,443 ETH tokens
– 192 Bitcoin $BTC coins
– $264 million cashticker: $BMNR
Chairman: Thomas “Tom” Lee @fundstratLink 🔗https://t.co/IXBwLMvJZ1
— Bitmine BMNR (@BitMNR) September 8, 2025
Strategic Investment in Worldcoin
In parallel, BitMine committed $20 million to Eightco Holdings (NASDAQ: OCTO) as part of its $270 million PIPE round. Eightco is adopting Worldcoin (WLD) as its primary treasury asset, leveraging the ERC-20 token as a proof-of-humanity credential in the AI era.
The deal is the first under BitMine’s new “Moonshot” strategy, which allocates 1% of its balance sheet to projects that expand and secure the Ethereum ecosystem. Lee described Worldcoin’s zero-knowledge Proof of Humanity as a potential cornerstone of digital trust.
Supported by institutional investors including ARK’s Cathie Wood, Founders Fund, and Galaxy Digital, BitMine continues to execute on its Ethereum-first vision, setting new standards in corporate treasury management and digital asset strategy.
BitMine also unveiled a $1 billion stock repurchase program, underscoring its commitment to shareholder returns while reinforcing its long-term positioning in digital assets.
If you would like to read more articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”