BitMine Doubles Ethereum Holdings to Nearly 2 Million ETH

Published by

Sohrab Khawas

September 4, 2025

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BitMine (BMNR), an Ethereum-focused microstrategy company, received 80,325 ETH ($358 million) from Galaxy Digital and FalconX, raising its total holdings to 1,947,299 ETH valued at $8.69 billion. This makes BitMine the largest holder of Ethereum, more than twice the holdings of the second-largest ETH holder, SharpLink. BitMine’s aggressive accumulation positions it as a dominant player in the Ethereum treasury space, supported by major institutional investors, aiming to capture a significant share of the Ethereum market.

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

September 4, 2025

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