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BitMine (BMNR) Stock Surges As Company Continues To Stack Ethereum At 'Lightning Speed' - BitMine Immersion Techs (AMEX:BMNR)

UNITED STATES, AUG 11 – BitMine rapidly grew its Ethereum holdings by $2.0 billion in one week, supported by top institutional investors and ranking as the 25th most liquid US stock.

  • As of August 10, 2025, BitMine Immersion Technologies disclosed that its Ethereum holdings have reached approximately 1.15 million ETH, with a valuation close to $5 billion, positioning the company as the largest holder of an Ethereum treasury worldwide.
  • BitMine launched its Ethereum treasury initiative on June 30 and rapidly increased holdings by 317,126 ETH worth about $2 billion within one week.
  • The company is targeting ownership of 5% of the total Ethereum supply and is supported by a group of institutional backers such as ARK's Cathie Wood, Founders Fund, and Galaxy Digital.
  • Thomas Lee, Chairman of BitMine's Board, stated that the company outpaces other crypto treasury firms in the speed at which it increases its crypto net asset value per share, along with maintaining exceptionally strong stock trading liquidity.
  • BitMine's stock ranks 25th in U.S. liquidity with an average daily trading volume of $2.2 billion, reflecting strong institutional confidence and market impact.
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PR Newswire broke the news in United States on Monday, August 11, 2025.
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