Today, Ethereum (Eth) Ministry of Finance Bitmine Immersion Technologies (BMNR) has been added to ETH holdings. This is because chain data reveals that the company has purchased an additional 46,225 tokens, increasing its total ETH holding to 2.1 million ETH.
Bitmine’s total Ethereum holdings will skyrocket above 2.1 million ETH
According to X’s post by LookonChain on-chain analysis account, Bitmine appears to have further increased its total ETH holdings. In particular, the company’s wallet added an additional 46,225 ETH to its total holdings. This is worth more than $200 million.
It should be recall On September 8, Bitmine bought 202,500 ETH, helping to raise its total ETH holdings to over 2 million for the first time. Ultimately, the company aims to hold 5% of its total ETH supply.
The New York Stock Exchange and listed (NYSE) companies have been booming all summer. Since purchasing today, the company’s total ethics holdings exceeded 2.1 million, worth approximately $9.27 billion at the time of writing.
It is worth highlighting that Bitmine currently owns the largest ETH of all public companies. According to Coingecko’s data, Sharplink is the distant second on the list, with 837,230 ETH on its balance sheet.
Other companies such as Coinbase (136,782 ETH), BIT Digital (120,306 ETH) and Ethzilla (102,246 ETH) round out the top five owners of ETH. In particular, nine of the top 10 companies with the most ETHs are based in the US.
Since purchasing today, Bitmine’s stock BMNR was $47.85, up 4.93% per day. On a (YTD) basis since the start of the year, stocks jumped to a whopping 559%, making this one of the best performing crypto stocks this year.
ETH gives Bitcoin running for that money
As more and more companies accept ETH as a digital asset of choice, Bitcoin (BTC) is steadily moving from the cryptocurrency, where attention is the biggest. However, this does not mean that ETH has completely replaced BTC.
That said, the trends of companies choosing to add ETH to their balance sheets gained a great deal of momentum in 2025. Yesterday, Robin Energy, a Cyprus-based company announcement I bought an ETH worth $5 million.
Similarly, in August, Sharplink I bought it An additional 56,533 ETHs increase total ETH charges. Similarly, Jack tied up Yunfen’s finances. investment It was nearly $44 million for ETH earlier this week.
ETH could see more price increases as staking activity on the network I’ll continue Grows at exponential speed. At press time, ETH will trade at $4,435, an increase of 1.5% over the past 24 hours.
Featured images on Unsplash.com, Coingecko, Yahoo! Charts on Finance and TradingView.com
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