BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.65 Million Tokens and Total Crypto and Cash Holdings of $11.6 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 29 2025
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Should l Buy ?
Source: PRnewswire
BitMine's Crypto Holdings: BitMine now owns over 2% of the total ETH supply, with crypto and cash holdings totaling $11.6 billion, including 2.65 million ETH tokens and $436 million in unencumbered cash.
Market Position and Support: BitMine is the 26th most traded stock in the US, averaging $2.6 billion in daily trading volume, and is backed by prominent institutional investors, aiming to acquire 5% of the ETH supply.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
