BitMine Adds $69M in Ethereum, Now Holds Over 2.17M ETH

Published by

Sohrab Khawas

September 20, 2025

BitMine Immersion, led by Tom Lee, purchased an additional 15,427 Ethereum tokens valued at $69 million, bringing their total Ethereum holdings to about 2.17 million ETH, worth nearly $9.7 billion. This makes BitMine the largest corporate holder of Ethereum in the world. The company aims to accumulate 5% of Ethereum’s supply, doubling down on its long-term strategy to grow its crypto treasury and support the Ethereum ecosystem’s growth.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Ethereum