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BitMine's Ethereum Holdings Surpass ¥700 Billion, Advancing '5% Alchemy' Strategy

2025/08/12 15:27 (Updated 2025/08/13 06:01)
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Written by A.Yamada
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BitMine's Ethereum Holdings Surpass ¥700 Billion, Advancing '5% Alchemy' Strategy

ETH Holdings Reach 1.15 Million Coins

On November 11, BitMine Immersion Technologies (hereafter, BitMine) announced that its holdings of the cryptocurrency Ethereum (ETH) have surpassed $4.96 billion (approximately ¥735 billion). The amount of Ethereum held has reached about 1.15 million coins, making it the first cryptocurrency treasury company to exceed 1 million ETH in holdings. Thomas Tom Lee, Chairman of the Board at BitMine, pointed out that the company increased its ETH holdings by $2 billion in just one week, and commented on the pursuit of Ethereum's '5% Alchemy'.

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日本暗号資産ビジネス協会 Japan Cryptoasset Business Association
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Iolite Vol.15

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MAGAZINE

Iolite Vol.15

September 2025 issueReleased on 2025/07/30
Interview Iolite FACE vol.15 Avery Chin, co-founder and CEO of Aptos Labs PHOTO & INTERVIEW Tester Special feature: "How to master workplace relationships! Using MBTI", "Riding the waves of the 'first year of AI agents'!", "Is Bitcoin the savior of companies? The forefront of treasury strategies", "Management strategies learned from villains" Crypto Journey: "The intersection of Web 3.0 and social contribution" Interview with Gracie Chen, CEO of Bitget Series: "Expert perspectives on interpreting the fluctuating cryptocurrency market" Virtual NISHI Series: Tech and Future Toshinao Sasaki, etc.