Bitmine adds $ 1.7 billion to Ethereum, now second behind strategy in crypto treasury rankings

Bitmine Immersion Technologies added $ 1.7 billion or more than 373,000 Ethereum to his treasury last week, making his total interests on more than 1% of the total ETH Delivery.

Bitmine now has $ 6.6 billion in Ethereum and is the second largest cryptocurrency course, based on data provided by Treasury companies.

“In just a week, Bitmine raised its ETH companies with $ 1.7 billion, because institutional investors have shown interest and support for us striving for the ‘Alchemy of 5%’ of ETH,” said Bitmine chairman and Fondsstrat Cio Tom Lee in a statement.

Bitmine has a series of “Lightning speed purchases since then Inauguring his strategy two months ago to push the treasury to his current total.

It has no plans to delay.

Last week the former Bitcoin -my -worker announced plans A share offer increases by $ 20 billion To collect more Ethereum, which Lee calls “one of the biggest macro transactions in the next 10-15 years” thanks to the robbery of the Genius Act and Expectations of “meteoric” stabilecoin growth.

“The Crypto of the Genius Act and SEC project are just as transformational to financial services in 2025 as US Action on August 15, 1971, ending on Bretton Woods and the USD on the Golden Standard 54 years ago,” said Lee in a post from the company on X (formerly Twitter.)

“This event from 1971 was the catalyst for the modernization of Wall Street, which created the iconic Wall Street -Titans and financial and payment rails of today. These turned out to be better investments than gold.”

The investment of Ethereum has become more popular with traditional investors such as Record inflow hit Ethereum ETFs And digital assets treasure boxes such as Bitmine and Sharplink Gaming make important purchases.

Combined, treasury companies and the Ethereum ETFs now Maintain more than 8% of the entire assets.

BMNR shares traded 2.4% and performed the loss of 5.1% of Ethereum in the last 24 hours. Both are at the month, with BMNR win around 31% and ETH jumps around 21.5%.