
In short
- Bitmine Immersion Technologies added $ 980 million to ETH last week, which pushed his count to almost $ 11 billion.
- BMNR shares rose by more than 6% on the day and rises after the announcement.
- The company of Tom Lee has the largest Ethereum -Chat box of every listed company that exceeds Sharplink Gaming.
Bitmine Immersion Technologies Stock rose Monday morning after the company had announced it had bought almost $ 1 billion Ethereum In the past week, pushing the appreciation of his total ETH Treasury pushed to $ 11 billion.
The shares of the Ethereum Treasury company rose more than 6% to a recent price of $ 53.60, after the announcement. Even with the rise, BMNR continues to fall almost 4% in the past week.
The company-based company revealed crypto and cash interests of almost $ 11.6 billion, including 2.65 million ETH with a value of $ 11 billion, 192 Bitcoin (worth $ 21.6 million), and $ 436 million in non -competed cashes.
That Ethereum count is 234,846 ETH larger than the reported total of the last week, or approximately $ 980 million. Bitmine is the Largest listed Ethereum Treasury CompanyAnd continues to broaden the gap between itself and the second place Sharplink-Gaming, who has around $ 3.37 billion in ETH.
In general, Bitmine ranks the second largest global cryptocurrency treasure box behind Strategy Inc., which has around $ 72 billion in Bitcoin.
Large users are trust everywhere that Bitmine will reach a total of 3 million ETH by 27 October, so that this currently gives a chance of 81%. The opportunities have risen 15% in the past day – even before the announcement – because predictors get confidence. (Disclaimer: Myriad is a product of DecryptThe parent company, Dastan.)
Bitmine chairman Tom Lee, who also leads research agency Fundstrat, has positioned Ethereum as central to converging trends in AI and cryptocurrency.
In a statement, the company compared recent legal developments – including the Genius Act Passage and the SEC’s Project Crypto– against leaving the Gold Standard of 1971, predicting comparable transformational effects on financial services.
“While we are entering the last months of 2025, the two supercycle -investing stories AI and Crypto. And both require neutral public block chains. Of course Ethereum remains the most important choice given the high reliability and 100% uptime,” he said. “These two powerful macro cycles will take place for decades. Since the price of ETH is a discount on the future, this is a good omen for token and is the reason that Bitmine’s primary treasury activa is ETH.”
The prize of Ethereum started to recover during the weekend after the end of last week, whereby it was only a loss of 0.6% last week at a recent price of $ 4,173. ETH has risen by 4% on the day, although it will remain with around 5% in the past month.
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