BitMine Immersion Technologies has released its August investor presentation, “The Alchemy of 5%,” alongside a new episode of its monthly video series, “The Chairman’s Message,” featuring Chairman Tom Lee.
As of August 31, 2025, BitMine disclosed total crypto and cash holdings worth $8.98 billion. This includes 1,866,974 Ethereum (ETH), 192 Bitcoin (BTC), and $635 million in unencumbered cash. The company is now the largest Ethereum holder globally and maintains the second-largest overall crypto treasury, behind Strategy Inc. (MSTR), which holds 629,376 BTC worth $71 billion.
Lee compared current U.S. crypto regulation efforts — including the SEC’s Project Crypto and the GENIUS Act — to the 1971 end of the Bretton Woods gold standard, calling Ethereum “one of the biggest macro trades of the next 10-15 years.” He believes Wall Street and AI will increasingly migrate to blockchain — primarily Ethereum — reshaping global finance.
BitMine’s aggressive ETH accumulation has attracted backing from major institutional investors such as ARK Invest, Pantera Capital, Kraken, DCG, and Galaxy Digital. Its stock now averages $2.3 billion in daily trading volume, ranking among the top 25 most traded U.S.-listed equities.
You might also like: U.S. Commerce Department Partners with Chainlink & Pyth to Publish GDP Data On-Chain, PYTH Price Jumps 56%