BitMine Stacks $44.6M ETH, Treasury Nears $9B in 2025
BitMine has become one of the largest Ethereum holders in 2025. The company added 10,320 ETH, worth about $44.6 million...
Quick overview
- BitMine has become one of the largest Ethereum holders in 2025, acquiring 10,320 ETH worth approximately $44.6 million.
- The company's total treasury now stands at 2.07 million ETH, representing 1.71% of the total ETH supply.
- Institutional adoption of Ethereum is increasing, with major firms collectively holding over 4% of the total supply as they view ETH as a strategic treasury asset.
- BitMine's rapid accumulation of ETH indicates a shift towards institutional-grade adoption, positioning Ethereum as a key player in the global financial system.
BitMine has become one of the largest Ethereum holders in 2025. The company added 10,320 ETH, worth about $44.6 million, according to Lookonchain. This latest purchase brings BitMine’s treasury to 2.07 million ETH, worth nearly $8.94 billion, which is 1.71% of total ETH supply.
The acquisition was done through three transfers from Galaxy Digital’s over-the-counter desk, data from Arkham Intelligence shows. This follows one of the largest single-day ETH purchase in history, worth $358 million, earlier this month.
Despite the pace, BitMine has only reached 34.2% of its long-term treasury target, so more big purchases are coming.
🔥 UPDATE: Bitmine adds another 10,320 $ETH worth $44.6M, bringing its total holdings to 2,079,763 $ETH worth $8.9B. pic.twitter.com/kGCq1X6c8G
— One Trade (@OneTradeGlobal) September 9, 2025
Institutional ETH Treasuries Grow
BitMine is not alone in its buying spree. Institutional adoption of Ethereum is gaining momentum, with big firms buying more and more:
- SharpLink Gaming: 837,000 ETH ($3.63B), second-largest holder
- The Ether Machine: 495,000 ETH ($2.15B), third-largest holder
- 70+ other firms: Together hold 4.91M ETH ($21.29B)
These combined holdings now account for over 4% of Ethereum’s total supply, showing ETH is becoming a strategic treasury asset.
Performance has been just as strong. Over the past 30 days:
- BitMine’s holdings up 148%
- SharpLink’s treasury up 60%
- Ether Machine’s reserves up 43%
This is the confidence institutions have in Ethereum as a store of value and foundation for blockchain innovation.
🚨 UPDATE: BitMine is now sitting on a massive 2.07M $ETH, worth nearly $9B.
Reports suggest they added another 10,320 ETH (~$44.6M), though official filings still confirm 2,069,443 ETH as of Sept 7.
Either way, BitMine remains the #1 ETH whale treasury in the world. pic.twitter.com/FIXJXuQSJy
— Crypto Patel (@CryptoPatel) September 9, 2025
Ethereum as a Strategic Asset
The Ethereum accumulation reflects broader trends in digital finance. With its use in decentralized applications, smart contracts and tokenized assets, ETH offers liquidity and long-term growth that institutions love.
BitMine’s rapid build-up, along with peers, means Ethereum is moving beyond speculation into institutional-grade adoption. By stockpiling reserves, firms are not only hedging against market volatility but also positioning themselves for future blockchain integration.
As institutional treasuries grow, Ethereum’s role in the global financial system is becoming more defined—no longer just a digital token but a strategic reserve asset reshaping corporate finance.
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