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BitMine Gathers 1.87 Million Ethereum Tokens Valued at $8.98 Billion in a Major Strategy

BitMine Gathers 1.87 Million Ethereum Tokens Valued at $8.98 Billion in a Major Strategy

Bitmine Immersion Technologies Updates Investors

Las Vegas, September 2, 2025 — Bitmine Immersion Technologies (NYSE AMERICAN: BMNR) has released its latest investor presentation titled “The Alchemy of 5%.” This is part of a monthly video series launched in August called “Chairman’s Message.”

Hosted by Thomas “Tom” Lee, who is both the chairman of Bitmine and co-founder of Fundstrat, the video series aims to offer insights on long-term benefits tied to Ethereum and the company’s financial strategies. “This latest message discusses how 2025 and various SEC projects could create opportunities, similar to what happened when the USD went off the gold standard in 1971,” Lee stated.

Bitmine has also revealed that it holds approximately $8.98 billion in assets as of August 31, including 1.87 million ETH tokens. The company’s crypto holdings consist of 1,866,974 ETH valued at around $4,458 each, 192 Bitcoins, and about $635 million in cash.

Notably, Bitmine is recognized as one of the top holders of Ethereum globally, second only to Strategy Inc. in terms of Bitcoin holdings. The company launched its ETH Financial Strategy on June 30, marking several key milestones since then.

Lee emphasized the significance of Ethereum in shaping financial services, drawing parallels to historical events. “We believe Ethereum will play a pivotal role in macro transactions over the next decade or so,” he added. “The shift towards blockchain by Wall Street and AI will spur significant changes in our financial system.”

Bitmine remains one of the most actively traded stocks, with an average daily trading volume of $2.3 billion as of August 24, ranking it 22nd in the U.S. market.

For more details, the investor presentation and the chairman’s message can be accessed on the company’s website. Bitmine focuses on accumulating Bitcoin and Ethereum through mining operations and offers advisory services related to crypto investments. Their operations are based primarily in Texas.

A further note on forward-looking statements: the information might involve uncertainties and risks. Various factors will affect actual outcomes. Interested persons should refer to Bitmine’s filings with the Securities and Exchange Commission for comprehensive information.

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