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BitMine Loads Up 190,500 More ETH

Tom Lee's ETH treasury firm now has nearly $9B in assets.
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Aug 25, 2025 • 1 min read

BitMine said its crypto and cash holdings hit $8.82B after a fresh round of ether purchases, further cementing its role as the biggest corporate Ethereum treasury.

What’s the Scoop?

  • ETH Holdings: BitMine now holds 1,713,899 ETH worth about $7.9B.
  • Weekly Add: The company bought more than 190,500 ETH last week, lifting total assets by $2.2B. Its portfolio also includes 192 BTC and $562M in cash, returning a net asset value of $39.84 per share.
  • Corporate Treasury Trend: Public ETH treasuries now hold over $12B, more than 2% of Ethereum’s supply. Peers like SharpLink Gaming and ETHZilla also disclosed large purchases in recent weeks.
  • Global Rank: BitMine calls itself the No. 2 digital asset treasury worldwide behind Strategy (MSTR), which leads with over 632,000 BTC.

Bankless Take:

Although embroiled in contest with SharpLink for the title of top Ethereum treasury company, BitMine has begun pulling ahead in recent weeks. Both DATs continue 0n relentless ETH buying binges.

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