Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC 
ETH Bitmine Immersion Technologies 'Ethereum holdings exceeded 5.95 million, approaching the "5% target"
According to Bitmine Immersion Technologies (NYSE: BMNR)'s Form 8-K filing with the U.S. Securities and Exchange Commission (SEC) on September 14, the company's Ethereum (ETH) treasury has climbed to 5,956,378 as of September 13. This number is equivalent to 4.9% of the total supply of 122 million Ethereum networks.
The blockchain infrastructure company said it acquired 27,180 ETH units in the past week, bringing its total holdings of crypto assets, cash and securities to US$15.8 billion.
Treasury Milestone
The document quoted Chairman Thomas "Tom" Lee as saying that based on Coinbase's pricing, its ETH position was valued at US$2,513 each. In addition to Ethereum, Bitmine also holds 212 bitcoins, shares in Beast Industries worth $180 million, shares in Eightco Holdings (NASDAQ: ORBS) worth $98 million, and $549 million in cash and marketable securities.
The company said it is currently making 98% of its "Alchemy of 5%" target. This is an established goal and aims to accumulate 5% of all ETH in circulation. Bitmine claims to be the world's largest treasury holder of Ethereum, second only to Strategy among enterprise-level cryptocurrency holders.
Pledge and the Path to 5%
About 5,067,309 ETH units (worth US$12.7 billion) have been pledged through MAVAN (what the company calls the "Made in America Validator Network"), accounting for 85% of its treasury. In the filing, Li attributed the accumulation to Ethereum's role in Wall Street tokenization and proxy artificial intelligence (Agency AI), and expected annualized pledge revenue to be approximately US$334 million; once all treasury bonds are pledged, this figure will rise to US$392 million.
Bitmine said its pledge business had a seven-day annualized yield of 2.62%. It should be noted that these numbers are company forecasts rather than actual results achieved. Bitmine said it has been purchasing ETH every week since launching its treasury strategy on June 30, 2025. This record of continuous buying is said to be unmatched by any listed company and makes it the largest holder of corporate Ethereum.
Future Outlook
This disclosure follows a steady growth trend in its Ethereum inventory. In previous updates, Bitmine's Ethereum position reached 5.8 million. Earlier this year, the company's holdings exceeded $10 billion and began to target 4% of market supply.
李将此里程碑视为向数字资产转变的大机构趋势的一部分，并指出即将到来的政策投票和韩国投资者的重新买入将是推动 2026 年下半年发展的催化剂。随着国库现在占据供应量的 4.9%，下一次披露将展示 Bitmine 能否填补最后差距以实现其 5% 的目标，以及其激进的每周购买计划是否继续以相同的速度推进。
