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CryptoMedium•2 March 2026•

1 min read

Bitmine Becomes Largest Ethereum Holder with 3.71% of Total Supply

A dramatic image showing a red downward trend line, a cracked cube with a Bitcoin symbol, and 'SYSTEM FAILURE -99%'. Debris, circuit boards, and broken crypto coins are scattered.

Key Facts

1Bitmine Immersion Technologies now holds 4.47 million ether, representing 3.71% of the total supply.

Bitmine Immersion Technologies has announced the accumulation of 4.47 million ETH, representing 3.71% of the total circulating supply. This milestone positions the company as the world's largest corporate holder of Ethereum treasury reserves. The firm currently manages a combined portfolio worth $9.9 billion, including cryptocurrencies, cash, and strategic investments. Bitmine's aggressive treasury management strategy mirrors the approach taken by major institutional players to dominate the digital asset space. Market experts suggest that such massive accumulation significantly reduces liquid supply, potentially driving long-term value for Ethereum. This development underscores a growing trend of institutional confidence in ETH as a core strategic asset.