While the crypto market evolves in a climate of macroeconomic uncertainty, a major operation has just redefined balances. In one week, Bitmine Immersion Technologies acquired $ 1.7 billion in Ethereum, crossing the symbolic threshold of 1 % of the total supply in circulation.

In short
- Bitmine Immersion Technologies acquired 373,110 ETH in one week, for an amount of $ 1.7 billion.
- This operation brings its assets to more than 1.5 million ETH, or more than 1 % of the total supply in circulation.
- The company thus becomes the second largest crypto cash in the world, just behind Strategy (BTC).
- Bitmine plans to increase its stock offer by $ 20 billion to continue its purchases.
A colossal operation which propels Bitmine into the courtyard of the large
While ETHEREUM ETHEREUM mark a critical break, in a statement published on August 18, Bitmine Immersion Technologies announced that it added 373,110 ETH to its portfolio in the last seven days, for a total value of 1.7 billion dollars.
With this acquisition, the company now holds 1,523,373 ETH, or more than $ 6.6 billion valued at a course of $ 4,323 per unit. This amount represents more than 1 % of the total supply of Ethereum, a symbolic threshold which propels Bitmine to the rank of second largest cash Crypto world, just behind Strategy (BTC).
Here is The main elements revealed ::
- +373 110 ETH bought in a week;
- +$ 1.7 billion added to its ETH cash;
- $ 6.6 billion now in Ethereum;
- More than 1 % of the total eth offer now in Bitmine's hands;
- Dazzling growth started just two months ago;
- All despite a daily decline of 3.7 % of the BMNR action, which nevertheless outperforms ETH over 24 hours.
This rapid and sustained accumulation testifies to a perfectly calibrated offensive strategy. Bitmine seems to have voluntarily accelerated his exposure to Ethereum to position himself as a structuring force in the ecosystem.
It should be noted that this operation is part of a context of strong institutional demand around the ETH, accentuated by the growing appetite for ETFE ETHEREUM. Bitmine's acquisitions, far from isolated, integrate into a movement to reconfigure the crypto portfolios of listed companies.
Assumed macroeconomic vision and an aggressive accumulation strategy
Beyond the figures, it is the vision that Bitmine develops around this strategy that intrigues observers. For Tom Lee, president of Bitmine and Chief Investment Officer at Fundstrat, investment in Ethereum is inserted in a historical dynamic: “The Genius Act and the SEC Crypto Project are, for financial services in 2025, as transformers as, in its time, the decision of the United States of August 15, 1971 to end the Bretton Woods system”.
In other words, Bitmine sees in the current environment an opportunity comparable to that known Wall Street at the dawn of the 1970s. The company aims for an ambitious objective: reaching 5 % of the total supply of ETH, a strategy that Lee describes from the “The biggest macroeconomic bet of the next 10 to 15 years”.
This orientation is reinforced by the recent decision of increasing an offer of shares by $ 20 billion intended to finance future purchases of Ethereum. This choice is not positioning the company no longer as a simple holder of an asset, but as a real architect of its financial future, focusing on the expected meteoric growth of stablecoins and the development of an institutionalized Ethereum ecosystem.
The enthusiasm for ETF Ethereum and the entry of the stage of other actors like Sharplink Gaming also reinforce this dynamic.
This strategic tilting could school with other listed companies, enclosed to diversify their balance sheet. The training effect, combined with an increasingly concentrated ethn offer with 40,000 tokens withdrawn daily, challenges network governance and long -term liquidity. If Bitmine's bet turns out to be a winner, it will redefine the cash management standards in the crypto era, while strengthening the systemic role of Ethereum in the emerging digital economy.
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