Bitmine Immersion Technologies Inc. (@BitMNR) has pushed its corporate Ethereum treasury to 6,016,414 $ETH, bringing the company's total base of crypto, liquidity, and strategic assets to $17
Bitmine Immersion Technologies Inc. (@BitMNR) has pushed its corporate Ethereum treasury to 6,016,414 $ETH, bringing the company's total base of crypto, liquidity, and strategic assets to $17.4 billion.
Under Chairman Tom Lee (@fundstrat), the firm now holds 4.9% of $ETH's total circulating supply of 122.1 million coins. That puts Bitmine at 99% of its self-declared "Alchemy of 5%" accumulation target, a goal the company set at the launch of its Ethereum treasury strategy on June 30, 2025. In other words, the firm has gone from zero to near-full execution of that objective in just 15 months.
The milestone cements Bitmine's position as the largest corporate Ethereum treasury in the world. The company's crypto holdings rank as the number one Ethereum treasury and number two global treasury, behind Strategy Inc., which reportedly owns 840,447 BTC valued at approximately $66 billion.
The Bitmine treasury is not simply a passive holding. Earlier in 2026, the company launched MAVAN (the Made in America VAlidator Network), an institutional-grade staking platform that was originally developed to support Bitmine's own Ethereum treasury but has since expanded to serve institutional investors, custodians, and ecosystem partners.
As of early September 2026, Bitmine's total staked ETH stood at 5,067,309, valued at $12.6 billion at $2,495 per ETH. Annualized staking revenues are projected at $330 million.
The company has acquired ETH every week without exception since the strategy launched. "Bitmine's track record of consistent buying of crypto is unmatched by any public company in the world," Lee stated.
Beyond Ethereum, Bitmine also holds smaller strategic positions in Bitcoin, Beast Industries, and Eightco Holdings, which it describes as "moonshot" equity stakes. The company operates as a blockchain technology firm primarily in the United States, engaging in ETH treasury operations, BTC ecosystem services including consulting and advisory work, and disciplined digital asset treasury management.
Sources:Bitmine ETH Holdings Announcement, Nasdaq Press ReleaseBitmine Ether Treasury Hits 4.8 Million ETH, CoinDeskBitMine Immersion Crypto Treasuries, CoinGecko
