Overview

• BitMine disclosed owning 2,650,900 ETH, surpassing 2% of circulating supply after adding about 234,846 ETH in the past week.
• On-chain trackers recorded fresh activity on Sept. 30, including a 25,369 ETH transfer from FalconX to a BitMine-linked wallet and other smaller moves.
• The company remains the largest corporate ETH holder and the second-largest overall crypto treasury behind Strategy Inc.
• Its reported holdings include 192 BTC, a $157 million stake in Eightco, and $436 million in unencumbered cash.
• BMNR shares rose roughly 4%–6% intraday as Fundstrat data shows five-day average trading volume near $2.6 billion, while rival BitDigital moved to raise $100 million to expand its ETH reserve.