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BitMine Immersion (BMNR) Surpasses 2% of Ethereum Network Supply with $11.4 Billion in Crypto and Cash

BitMine Immersion (BMNR) Surpasses 2% of Ethereum Network Supply with $11.4 Billion in Crypto and Cash

BitMine Immersion Technologies (BMNR), a prominent player in the Bitcoin and Ethereum network space, has announced a significant milestone: its Ethereum (ETH) holdings now surpass 2% of the entire Ethereum network supply. This achievement brings the company closer to its ambitious target, dubbed the 'Alchemy of 5%', signifying a strategic move to become a dominant holder in the Ethereum ecosystem. With ETH holdings exceeding 2.4 million tokens and a formidable total of $11.4 billion in crypto and cash assets, BitMine is solidifying its position as a major force in the digital asset landscape. Strategic Accumulation and Impressive Portfolio As of September 21, 2025, BitMine's robust crypto and cash holdings total an impressive $11.4 billion. This comprehensive portfolio includes 2,416,054 ETH tokens, valued at $4,497 per ETH according to Bloomberg data. Beyond Ethereum, the company also holds 192 Bitcoin (BTC), an additional $175 million stake in Eightco Holdings (NASDAQ: ORB…

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