Key Takeaways
BitMine now holds over $6.6 billion in crypto, including 1.52 million ETH and 192 BTC, making it the second-largest crypto treasury.
Thomas “Tom” Lee said BitMine continues to lead peers in crypto NAV growth and liquidity.
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BitMine Immersion Technologies, which ranks as the biggest Ethereum (
$0.00 ) treasury under Thomas “Tom” Lee, disclosed Monday that its crypto holdings have surpassed $6.6 billion, including more than 1.5 million ETH and 192 Bitcoin (
$110,171.00 ) .
Within a week, BitMine increased its Ethereum ( $0.00 ) trove by 373,110 units, rising from over 1 million, while its Bitcoin ( $110,171.00 ) holdings showed no change. The NYSE-listed firm aims to own 5% of the total Ether supply.
BitMine now ranks as the second-largest global crypto treasury, behind Strategy, which holds 629,376 BTC valued at $72 billion following the latest acquisition.
Commenting on the firm’s rapid accumulation, Lee said institutional investors are backing BitMine’s pursuit of 5% of Ethereum ( $0.00 ) supply. He added that the firm continues to outpace peers in growing crypto NAV per share and stock liquidity.
“We continue to believe Ethereum ( $0.00 ) is one of the biggest macro trades over the next 10-15 years,” Lee added. “Wall Street and AI moving onto the blockchain should lead to a greater transformation of today’s financial system. And the majority of this is taking place on Ethereum ( $0.00 ) .”
The company’s stock has reached significant trading volumes, with a 5-day average daily dollar volume of $6.4 billion as of August 8, 2025, ranking 10th among US-listed stocks, ahead of JPMorgan and Alphabet.
BitMine’s institutional investors include ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, and Galaxy Digital.
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