Ethereum treasuries grow fast as large players collect considerable quantities of ETH. Bitmine -hiding leads the peloton and is now the largest Ethereum treasury in the world.
It recently bought another 317.126 ETH, making it the first Ethereum Treasury Company that has more than 1 million ETH.
Bitmine comes to the fore as the world’s largest Ethereum Treasury
In a recent press releaseBitmine Immersion Technologies revealed that it now has more than $ 4.96 billion in Ethereum. From 10 August the company has 1,150.263 ETH. Bitmine launched his ETH Treasury strategy on 30 June and completed it by 8 July. In just five weeks it has become the world’s largest ETH Treasury and the third largest crypto treasure box in general, only behind micro strategy and Mara Blockchain.
“In just a week, Bitmine increased its ETH interests by $ 2.0 billion to $ 4.96 billion, the lightning speed in the pursuit of the ‘Alchemy of 5%’ of the company,” Tom Lee, chairman of the Fondsstrat and chairman of the Bitmine.
He also said that Bitmine performs better than colleagues by growing his net asset value per share quickly and keeping his shares very fluid and easy to act. The company intends to have at least 5% of all Ethereum, aimed at 6 million ETH in the future.
Bitmine becomes a pretty handy stock
Impressive Bitmine has also become one of the most actively traded shares in the US. With an average daily trade volume of $ 2.2 billion for five days (from 8 August 2025), it is on the 25th of the 5,704 stock shares, more than big names such as JPMorgan and Micron, and just behind Costco.
Bitmine has also become the best foreign choice of stock in South Korea at retail investors and has been attracting around $ 259 million since July.
Ethereum treasuries rise by 3.48 million ETH
Data of StrategicethReserve.xyz Show that around 3.48 million ETH, worth $ 14.88 billion, is held by 65 participants, which makes 2.88% of the total ETH offer. Bitmine -hiding leads, followed by Sharplink -Gaming with more than 598,000 ETH and the ether machine with 345,400 ETH.
In a recent CNBC interview, Tom Lee said that Ethereum could enter a “Bitcoin” phase 2017, supported by a growing institutional demand and a more favorable regulation climate in the US. He also said that ETH prices could rise to $ 30,000 if these trends keep track of.
Big Buys Due to crypto treasuries, this weekend helped to push more than $ 4,300. It is currently being traded at $ 4,270, about 12% below the all time. After the Bitmine Treasury update, token rose by 9%.