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BitMine Crosses 2 Million ETH, Pushing Crypto Treasury Past $9 Billion

The Ethereum-focused firm is chasing a 5% share of ether supply through rapid OTC accumulation alongside a targeted $20 million bet tied to Worldcoin.

Overview

  • BitMine disclosed holdings of 2,069,443 ETH, 192 Bitcoin and $266 million in cash, taking total crypto and cash reserves above $9.2 billion.
  • It remains the largest corporate holder of Ethereum and the second-largest corporate crypto treasury overall, trailing Strategy’s Bitcoin stash.
  • The company launched its ‘Moonshot’ program with a $20 million investment in Eightco, which plans to hold Worldcoin as its primary treasury asset.
  • On-chain trackers reported a fresh 10,320 ETH purchase worth about $44.6 million via Galaxy Digital’s OTC desk, days after a $358 million single-day buy.
  • BitMine’s shares rank among the most actively traded in the U.S. with a five-day average of roughly $1.7 billion in dollar volume, as ARK Invest added about $4.4 million of BMNR.