BitMine Immersion has announced that its Ethereum treasury has expanded to more than 833,000 tokens, representing a total value exceeding $2.9 billion based on current market prices. This substantial holding positions the company as the largest known corporate holder of ETH, according to market data referenced in several industry reports released Monday.
The mining company’s stock has experienced heightened trading activity alongside its growing cryptocurrency position. Shares of BitMine Immersion currently hold the distinction of being the 42nd most-liquid stock listing in the United States, generating approximately $1.6 billion in average daily trading volume.
Recent Accumulation Strategy
Market analysts believe BitMine Immersion added more than 200,000 ETH to its treasury during the previous week, taking advantage of a recent price decline in the cryptocurrency. This aggressive accumulation strategy demonstrates the company’s continued confidence in Ethereum’s long-term prospects despite short-term market volatility.
🔥TODAY: Bitmine Immersion now holds 833,000+ $ETH — worth $2.9B.
It officially owns the largest #Ethereum treasury in the world. pic.twitter.com/YzPSjgzhxR
— The Crypto Times (@CryptoTimes_io) August 4, 2025
Market Implications
This significant corporate accumulation of Ethereum may signal institutional confidence in the asset’s future performance. The substantial treasury position could influence other corporations to consider similar cryptocurrency allocation strategies.
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