BitMine Holds Over 3% of Ethereum Supply in Major Treasury Update
The post BitMine Holds Over 3% of Ethereum Supply in Major Treasury Update appeared on BitcoinEthereumNews.com.
Key Points: BitMine holds over 3% of Ethereum supply and $12.1 billion in assets. 3,726,499 ETH and 192 BTC are part of their holdings. Institutional investors include ARK Invest and Pantera Capital. BitMine, listed on Nasdaq, disclosed holding 3,726,499 Ethereum (ETH), accounting for over 3% of the total supply, impacting its market dynamics as of November 30, 2025. BitMine’s substantial Ethereum holding raises its market influence, reducing ETH’s circulating supply, potentially affecting prices and investor sentiment, with a total asset valuation of $12.1 billion. BitMine’s Ethereum Holdings: Market Influence and Investor Reactions BitMine revealed on December 1, 2025, that it holds 3,726,499 Ethereum tokens, significantly impacting the cryptocurrency market. The disclosure placed BitMine among the top holders of Ethereum globally, emphasizing its influential position in the crypto space. Alongside Ethereum, BitMine also reported holding 192 Bitcoin, contributing to its diversified investment strategy. The substantial Ethereum holdings by BitMine bring notable changes to the market dynamics due to the considerable reduction in available supply. This reduction increases demand pressure, potentially leading to market price adjustments. BitMine’s $12.1 billion asset valuation includes $882 million in uncollateralized cash, enhancing its financial stability. The crypto community has responded with mixed reactions. Institutional investors such as ARK Invest and Pantera Capital have shown confidence in BitMine’s strategy, while other market participants express concerns over liquidity. The strategic decisions by BitMine’s leadership, including Chairman Thomas Lee and CEO Chi Tsang, underscore its commitment to bridging traditional financial markets with the Ethereum ecosystem. Thomas “Tom” Lee, Chairman, BitMine Board of Directors, said, “Our new CEO and Board members bring a unique blend of experience, insight, and leadership across technology, DeFi, and financial services, enabling BitMine to further position itself as the bridge between traditional capital markets and the supercycle Ethereum ecosystem.” Strategic Impact of BitMine’s 3% Ethereum…
Filed under: News - @ December 1, 2025 2:28 pm