Skip to content
September 12, 2025Bitcoinist logoBitcoinist

BitMine’s Ethereum Holdings Top 2.1 Million After Fresh 46,255 ETH Buy

Earlier today, Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) added to its ETH holdings, as on-chain data reveals that the firm purchased another 46,225 tokens, increasing its total ETH holdings to over 2.1 million ETH. BitMine’s Total Ethereum Holdings Surge Past 2.1 Million ETH According to an X post by on-chain analytics account Lookonchain, BitMine seems to have further increased its total ETH holdings. Notably, the firm’s wallet added another 46,225 ETH to its total holdings, worth slightly more than $200 ￰0￱ should be recalled that on September 8, BitMine had bought 202,500 ETH, helping it boost its total ETH holdings to more than two million for the first time ever.

Eventually, the firm aims to hold 5% of the total ETH ￰1￱ New York Stock Exchange-listed (NYSE) firm has been on an ETH buying spree all ￰2￱ today’s purchase, its total ETH holdings have now surged above 2.1 million, worth approximately $9.27 billion at the time of ￰3￱ is worth highlighting that BitMine currently holds the largest amount of ETH among all public ￰4￱ to data from Coingecko, SharpLink is a distant second on the list, with 837,230 ETH on its balance ￰5￱ firms like Coinbase (136,782 ETH), Bit Digital (120,306 ETH), and ETHZilla (102,246 ETH), round up the top five holders of ETH. Notably, nine out of the top ten firms holding the most amount of ETH are ￰6￱ today’s purchase, BitMine’s stock BMNR is trading at $47.85, up 4.93% on the ￰7￱ a year-to-date (YTD) basis, the stock has jumped a whopping 559%, making it one of the best performing crypto-related stocks this ￰8￱ Giving Bitcoin A Run For Its Money As an increasing number of firms embrace ETH as the digital asset of choice, attention has been steadily moving away from the largest cryptocurrency by market cap, Bitcoin (BTC).

However, this does not mean that ETH has completely displaced ￰9￱ said, the trend of companies choosing to add ETH to their balance sheets gained significant momentum in 2025. Yesterday, Cyprus-based firm Robin Energy announced it had bought ETH worth $5 million. Similarly, in August, SharpLink bought another 56,533 ETH to increase its total ETH ￰10￱ the same vein, Jack Ma-linked Yunfeng Financial invested close to $44 million into ETH earlier this ￰11￱ could see further price appreciation as staking activity on the network continues to grow at an exponential ￰12￱ press time, ETH trades at $4,435, up 1.5% in the past 24 hours.

Bitcoinist logo
Bitcoinist

Latest news and analysis from Bitcoinist

Solana Says Ripple and XRP Are Not On Its Level, Litecoin Responds

Solana Says Ripple and XRP Are Not On Its Level, Litecoin Responds

A routine promotional post from Ripple has turned into one of the most talked-about exchanges in crypto this week. What started as a corporate update about institutional custody evolved into a heated ...

TimesTabloid logoTimesTabloid
1 min
Ethereum’s MVRV Divergence Suggests Potential Shift to Accumulation Phase

Ethereum’s MVRV Divergence Suggests Potential Shift to Accumulation Phase

Ethereum’s MVRV divergence highlights strong staking conviction, with stakers holding 20% more unrealized profits than circulating supply holders. This gap, emerging since July 2025, signals a shift t...

CoinOtag logoCoinOtag
1 min
Coinbase Stock Touches $350 After Positive Q3 Earnings, New Acquisition — Details

Coinbase Stock Touches $350 After Positive Q3 Earnings, New Acquisition — Details

After what started as a disappointing week, the Coinbase stock (Ticker: COIN) seems to be back on a recovery path. COIN briefly touched the $350 level on Friday, October 31st, rallying on the positive...

NewsBTC logoNewsBTC
1 min