U.S. BitMine Surpasses $2 Billion in Ethereum Holdings, Becoming the Largest Corporate Holder

2025/07/25 09:27 (Updated 2025/07/25 10:01)
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Written by L.Kikutani
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U.S. BitMine Surpasses $2 Billion in Ethereum Holdings, Becoming the Largest Corporate Holder

Leading the World in Ethereum Holdings

On July 24, U.S.-listed BitMine Immersion Technologies announced that its Ethereum holdings had surpassed $2 billion (294 billion yen). This represents a more than 700% increase from the $250 million raised in a private funding round on July 8, bringing their total holdings to 566,776 ETH. This rapid expansion has positioned the company as the largest corporate holder of Ethereum globally, surpassing its competitor Sharplink Gaming (367,807 ETH) by over $700 million and intensifying the competition for ETH treasuries. Tom Lee, the company's chairman of the board (and an analyst at Fundstrat), stated, 'Ethereum...'

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MAGAZINE
Iolite Vol.15

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.

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.