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BTC 
ETH Bitmine Ethereum holds 5.82 million units, accounting for 4.8% of the total ETH supply.
Bitmine Immersion Technologies currently holds 5.82 million units of Ethereum (ETH), equivalent to 4.8% of the total Ethereum supply. About 87% of its positions have been pledged to obtain potential gains. Affected by the continued purchase of ETH and share buybacks, the company's cash reserves dropped to US$78 million.
The company is rapidly expanding its Ethereum position, reaching 5.82 million ETH units, accounting for 4.8% of Ethereum's supply, just one step away from the 5% target. By using most of ETH for pledge, Bitmine maintains a high exposure to ETH price fluctuations, while also actively deploying to obtain considerable pledge income.
The size of the Ethereum vault continues to expand, accounting for 4.8% of supply.
Bitmine Immersion Technologies said in its latest announcement that its Ethereum vault has expanded to 5,815,164 ETH units. This position accounts for 4.8% of Ethereum's total supply and is worth approximately US$11 billion.
Ethereum traded above $1900 on Monday, while Bitmine increased its holdings of 9,926 ETH units that week. The latest round of purchases brought it 96% of its 5% target.
Since launching the strategy in June 2025, the company has been buying Ethereum every week. Its growing Ethereum vault has now become the world's largest corporate Ethereum position. Among corporate cryptocurrency vaults, it also ranks second in size, behind Strategy's Bitcoin holdings.
Pledge strategy brings additional revenue potential
Currently, more than 5 million ETH (approximately 87% of Bitmine's Ethereum vault) are in pledge status. Bitmine reported that the number of ETH it pledged was 5,067,309, worth approximately US$9.6 billion. The company expects annualized pledge income to be approximately US$250 million.
In addition, Bitmine also holds 210 bitcoins, a $180 million investment in Beast Industries and a $73 million interest in Eightco Holdings. The company's cash and marketable securities were US$78 million.
This figure is a significant drop from the US$482 million reported five weeks ago. The company did not disclose how much of the money was used to purchase ETH or conduct share buybacks.
In the most recent week, Bitmine repurchased 1.7 million shares. Since July 1, the cumulative share repurchase has reached 20.8 million shares. The repurchase plan was implemented within the previously authorized $4 billion limit.
Chairman Tom Lee also pointed out that the ETH/BTC ratio is currently 0.02994, which has exceeded the long-term downward trend line. Lee attributed the change to the trend of tokenization and the growing number of autonomous AI applications on blockchain.
