BitMine adds $88 million in Ethereum Treasury, now holding over 4 million ETH, building toward a 5% supply stake amid market volatility.
BitMine has expanded its Ethereum treasury during a period of market volatility. The company purchased roughly $88 million worth of ETH, bringing total holdings to more than 4.07 million tokens. As a result, BitMine now has control of approximately 3.36 percent of the total supply of Ethereum.
BitMine Becomes Major Ethereum Holder With Strategic Accumulation
BitMine Immersion Technologies, under the ticker BMNR, considers Ethereum to be its main treasury asset. The company has bought 302.19 million dollars of ETH in the past week. This strategy brings the firm’s total ETH value up to approximately $12.15 billion.
The firm is far ahead of other major holders. SharpLink Gaming has a total of approximately 863,020 ETH, while The Ether Machine possesses approximately 496,710 ETH. Even the Ethereum Foundation has only 229,470 ETH. BitMine is well past the two-thirds of its stated goal of a 5 percent supply stake or approximately 6 million ETH.
Related Reading: BitMine Nears 5% Ether Supply Target After New Purchases | Live Bitcoin News
Ether has undergone great price fluctuations in recent times. The asset itself is down close to 40 percent from its all-time high. Over the past month, though, ETH has recovered some 6 percent. BitMine, which is backed by Fundstrat co-founder Tom Lee, used this market drop to grow its concentrated position.
The company’s holdings are supported by a good financial position. BitMine had a net income of $328 million for the trailing twelve months ending August 31, 2025. It also has about $1 billion in cash, which gives it liquidity to get through market ups and downs.
BitMine Expands Staking Infrastructure While Consolidating ETH
In addition to the accumulation, BitMine is developing the Made in America Validator Network (MAVAN). The platform for staking infrastructure is expected to be live in early 2026. This effort is in line with the company’s objective to bolster Ethereum network participation.
BitMine’s approach is similar to the increasing trend of institutional crypto treasuries. The company has become the world’s top Ethereum treasury. In total, it is #2 on the list of all crypto treasuries, second only to Strategy Inc.’s Bitcoin holdings.
Analysts say the strategy of BitMine might affect the market sentiment. By buying up during times of low prices, the firm is showing it has faith in Ethereum’s long-term potential. This could stimulate other investors to think about accumulation in times of volatility.
Despite the continuous uncertainty in the market, BitMine seems to have resolved its approach of concentrated treasury. Its combined holdings, financial reserves, and infrastructure projects suggest a multi-pronged approach. Therefore, the company can continue to accumulate ETH as part of long-term participation in the network.
Overall, BitMine’s recent purchases help to reinforce its status as a major holder of Ethereum. With a 3.36 percent supply stake and plans to stake infrastructure, the company is developing a concentrated, strategic presence in the Ethereum ecosystem.
Source: https://www.livebitcoinnews.com/bitmine-strengthens-ethereum-treasury-with-88m-purchase-amid-market-dip/
