BitMine Buys 27,316 Ethereum, Now Holds 3.34 Million ETH
BitMine Immersion becomes the largest corporate Ethereum holder, buying 27,316 ETH, now holding 3.34 million ETH in total.
The firm recently acquired 27,316 ETH, worth $113 million, according to on-chain data from Lookonchain. The purchase was made through custodian BitGo using wallet “0xDc8…3a07f”.
— Lookonchain (@lookonchain) October 29, 2025
BitMine Immersion now holds 3.34 million Ethereum, worth over $13 billion, controlling roughly 2.8% of Ethereum’s total supply, aiming to hold 5% of the total Ethereum supply target.
On October 27, BitMine’s portfolio was valued at $14.2 billion, including Ethereum bought at an average of $4,164 per token, 192 Bitcoin, an $88 million stake in Eightco Holdings, and $305 million in cash.
Author's summary: BitMine buys 27,316 Ethereum.
- Total Ethereum held: 3.34 million
- Value of Ethereum held: over $13 billion
- Percentage of Ethereum's total supply: 2.8%
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