BitMine Immersion Acquires 5% of ETH Supply in 35 Days
- BitMine amasses 833,137 ETH, led by Tom Lee and backed by investors.
- Largest ETH holder, public confidence, market impact.
- 5% ETH control affects market dynamics.
BitMine Immersion now possesses the world’s largest corporate Ethereum treasury, holding 833,137 ETH, approximately 5% of its circulating supply. This rapid accumulation, supported by notable investors, highlights Ethereum’s rising status as a prime institutional asset.
BitMine Immersion has accumulated 833,137 Ethereum (ETH) in just 35 days since late June 2025, making it the largest corporate Ethereum holder globally.
BitMine Immersion’s significant acquisition of ETH reflects a strategic shift towards cryptocurrency as a treasury asset, impacting liquidity and investor confidence.
BitMine Immersion now holds 833,137 ETH, signaling a profound market shift toward institutional treasury investments in cryptocurrencies. Within 35 days, the company executed a rapid acquisition strategy.
Led by Thomas Lee and supported by notable investors like Bill Miller III and Peter Thiel , BitMine’s board approved a $1 billion stock repurchase plan. These actions bolster ETH’s role in corporate treasuries.
“BitMine’s move is reshaping institutional allocation strategies by positioning ETH as a core treasury asset.” — Bill Miller III
The move to accumulate 5% of the ETH supply is precedent-setting. It mirrors past strategies used for Bitcoin and may drive further institutional interest in ETH. Industries are witnessing potential liquidity shifts.
Significant market dynamics have emerged following this acquisition. Trading volumes have surged, while planned staking activities by BitMine indicate possible shifts in ETH circulating supply and staking yields. These developments could affect DeFi protocols reliant on ETH liquidity.
Potential outcomes of BitMine’s actions include increased institutional interest, heightened ETH liquidity, and possible regulatory scrutiny. Historical trends suggest parallels with past actions in Bitcoin treasuries , highlighting evolving corporate cryptocurrency strategies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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