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Ether Treasury News: BitMine (BMNR) Buys ETH Dip, Holdings Cross 3M Tokens
BitMine's recent purchase of 202,037 ETH increased its holdings to over 3 million tokens, representing 2.5% of total supply and halfway to its 5% target.
- On Oct. 13, 2025, BitMine Technologies bought 202,037 ETH during last week's dip, pushing its holdings past 3.03 million ETH.
- Trade-Driven liquidations created a window, and Ethereum fell from $4,500 to $3,430 amid U.S.–China trade tensions, creating a buying opportunity for BitMine.
- As of Oct. 12, BitMine's balance sheet showed 192 Bitcoin, $104 million in unencumbered cash and a $135 million stake in Eightco Holdings.
- The purchase leaves BitMine more than halfway toward its 5% Ethereum supply target as Ethereum price at $4,100 on Monday recovers over 20% from crash lows.
- BitMine's buildup positions it as the world's largest Ethereum treasury and second-largest crypto treasury overall, trailing Strategy Inc with 640,031 BTC, backed by ARK Invest, Founders Fund, Pantera and Galaxy Digital.
20 Articles
20 Articles
BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 3.03 Million Tokens and Total Crypto and Cash Holdings of $12.9 Billion
BitMine now owns greater than 2.5% of the ETHtoken supply, now at halfway point as it moves towards the 'Alchemy of 5%' BitMine releases October Chairman's...
BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 3.03 Million Tokens and Total Crypto and Cash Holdings of $12.9 Billion - BlockTelegraph
BitMine now owns greater than 2.5% of the ETH token supply, now at halfway point as it moves towards the ‘Alchemy of 5%’ BitMine releases October Chairman’s Message discussing Ethereum Supercycle BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock BitMine Crypto + Cash Holdings + “Moonshots” total $12.9 billion, including 3.03 million ETH Tokens, unencumbered ca…
ETH Testing Support, Analysts Predict New ATH in November
Ethereum (ETH) is trading near $4,000 after a week of mixed market action. The price dropped 4% in the past 24 hours and 15% over the last seven days. Analysts are watching a key support level, as the current structure suggests ETH may be preparing for another move higher. Structure Points to Further Upside Lark Davis, a popular market analyst, said Ethereum has broken out of a symmetrical triangle that had been in place since 2021. After the br…
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