BitMine Steps Up Its Ethereum Treasury Strategy
BitMine Immersion Technologies, one of Wall Street's prominent digital asset vault firms, is significantly increasing its Ethereum (ETH) holdings. According to recent updates, BitMine now controls approximately 3–3.4% of the total global ETH supply , making it one of the largest Ethereum holders in the market.
This move reflects a clear shift in the treasury strategies of traditional businesses, as Ethereum is increasingly XEM as a core asset in the digital finance ecosystem.
Large-Scale ETH Accumulation Despite Market Volatility
Amidst the volatile crypto market and many institutions choosing to reduce risk, BitMine has continued its large-scale buying spree. In a short period, the company has added hundreds of thousands of ETH, bringing its total holdings to millions of Token.
The consistent accumulation, even amidst price fluctuations, suggests that BitMine is pursuing a long-term strategy, focusing on Ethereum's fundamental value rather than short-term volatility.
Goal: Own 5% of the Total Ethereum Supply
BitMine makes no secret of its ambition to further expand its position in the ETH market. The company aims to hold at least 5% of the total Ethereum supply in the long term, viewing this as the foundation for its future digital treasury strategy.
Ethereum is highly valued by BitMine due to its central Vai in areas such as:
DeFi and decentralized finance
Smart contract infrastructure
Asset Tokenize and enterprise applications
Staking ecosystem and on-chain cash flow
Crypto Treasury Asset Portfolio and Advantages
Besides Ethereum, BitMine maintains a diversified asset portfolio including cash, Bitcoin, and other strategic investments. The company's total treasury is estimated to be worth tens of billions of dollars, helping BitMine maintain high liquidation and flexibility in market cycles.
BitMine's strong focus on ETH sets it apart from many other crypto treasury companies that prioritize Bitcoin.
Impact on Ethereum Supply and Market
When a large institution holds several percent of the total ETH supply, the impact on the market is significant. The accumulation and long-term holding of ETH reduces the circulating supply, while demand from Staking, DeFi , and Layer 2 applications continues to grow.
This trend could create positive supply and demand pressure for Ethereum in the medium and long term, especially if more and more organizations adopt a crypto treasury model similar to BitMine.
BitMine's continued aggressive accumulation of Ethereum, aiming to own 5% of the total supply, demonstrates the long-term confidence of Wall Street institutions in ETH. Ethereum is gradually establishing itself not only as an investment asset but also as a core platform of the future digital financial system.
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The article "BitMine aggressively accumulates ETH, holding nearly 3.4% of the total Ethereum supply" first appeared on CoinMoi .
