Tom Lee’s Bitmine Becomes First Ethereum Treasury to Accumulate 1,000,000 ETH 

Bitmine Immersion Applied sciences has grow to be the primary company to build up greater than one million ETH for its strategic treasury.

On Monday, the agency introduced that its ETH holdings had reached 1.15 million tokens value round $4.9 billion.

It added that this complete is 317,126 greater than per week in the past, and the treasury worth is round $2 billion larger relative to that interval.

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BitMine at this time introduced ETH holdings of 1,150,263 tokens:

– ETH holdings of 1,150,263 is valued at $4.9 billion ($4,300 ETH)
– 317,126 extra ETH than per week in the past
– $2.0 billion larger than per week in the past

hyperlink ⛓️:https://t.co/o0YJ7yqrjs

— Bitmine BMNR (@BitMNR) August 11, 2025

Ethereum Treasurys on Hearth

Bitmine launched its ETH treasury technique on June 30 and has handed a number of key milestones since then, together with turning into the biggest Ether treasury on this planet.

With virtually $5 billion in holdings, it additionally ranks because the world’s third-largest crypto treasury, behind solely Technique and Mara Holdings.

“In only a week, Bitmine elevated its ETH holdings by $2 billion to $4.96 billion, lightning pace within the firm’s pursuit of the ‘alchemy of 5%’ of ETH,” mentioned Tom Lee of Fundstrat, and chairman of Bitmine’s Board of Administrators.

The agency has the biggest share of total ETH treasury holdings with 34% of a complete of three.49 million ETH. The subsequent closest is SharpLink, which has just below 600,000 ETH, or round 17%.

Ethereum treasury corporations, of which there are solely 12, now maintain 2.9% of the complete provide of the asset. In the meantime, spot Ether ETFs maintain round 5% of the full circulating provide.

Bitmine (BMNR) is now one of the extensively traded shares within the US, in accordance with information from Fundstrat, which reported that the it has generated a median day by day greenback quantity of $2.2 billion.

Its worth has skyrocketed greater than 1,300% because it began stacking and staking ETH and can also be up 14.7% from Monday, reaching $60 in after-hours buying and selling, in accordance with Google Finance.

The loopy mf truly did it.

Tom Lee is the primary to 1m ETH.

New buys revealed present 1.2m ETH ($5 billion).

In a single month he’s made it 20% of the best way to his objective to accumulate 5% of all ETH provide.

12x sooner than Saylor.

We’re previous the moon headed towards the andromeda galaxy. pic.twitter.com/dlvf1tUmxv

— RYAN SΞAN ADAMS – rsa.eth (@RyanSAdams) August 11, 2025

Ethereum Holds Its Floor

Ether costs hit a three-and-a-half-year excessive of $4,350 on Monday, a stage not seen for the reason that bull market in late 2021.

It retreated to $4,200 within the hours that adopted however managed to reclaim $4,300 in the course of the Tuesday morning Asian buying and selling session, indicating that the rally will not be over but.

ETH is now simply 12% away from its all-time excessive, virtually 4 years in the past.

In the meantime, Ether spot ETFs have seen their highest influx since inception at simply over $1 billion on Monday.