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BitMine’s Ethereum Treasury Swells to 2.66M ETH - Now Controls Over 2% of Total Supply

BitMine’s Ethereum Treasury Swells to 2.66M ETH - Now Controls Over 2% of Total Supply

Author:
CoindeskEN
Published:
2025-09-29 12:13:33
5
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BitMine Immersion ETH Holdings Rise to 2.66M Tokens, More Than 2% of Total Supply

Mining giant BitMine just crossed a monumental threshold in Ethereum accumulation.

The 2% Club

With 2.66 million ETH tokens now sitting in their treasury vaults, BitMine's holdings represent more than 2% of Ethereum's entire circulating supply. That's enough to make traditional fund managers sweat over their bond portfolios.

Institutional accumulation at this scale signals a fundamental shift in how major players view digital asset reserves. They're not just dipping toes anymore - they're building swimming pools.

While Wall Street still debates crypto's merits, the smart money keeps stacking coins. Guess someone forgot to tell them about 'diversification' across sixteen different fiat currencies.

|Square

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