Overview
- The firm bought 202,037 ETH during a market liquidation that erased roughly $19 billion in leveraged positions following U.S.–China tariff headlines.
- Holdings now total 3,032,188 ETH, about 2.5% of circulating supply, cementing BitMine as the largest public ETH treasury and the second‑largest corporate crypto holder after Strategy.
- Disclosures list 192 BTC, about $104 million in cash, and a $135 million equity stake in Eightco alongside the ETH position.
- Shares of BMNR traded higher on the update, with five‑day average dollar volume near $3.5 billion, ranking around 22nd among U.S.‑listed stocks.
- On‑chain trackers flagged large ETH withdrawals from Kraken and FalconX that line up with the accumulation, though wallet attribution hasn’t been independently verified.