BitMine Immersion Technologies (BMNR) announced Monday it holds more than 6 million Ethereum (ETH), totaling 6,001,302 tokens, after acquiring 17,362 ETH during the week ended September 27, down from 27,562 ETH purchased the prior week. This position represents 4.9% of the total supply of 122.1 million ETH, with the company targeting a 5% share. The combined value of its crypto, cash, securities, and equity stakes stands at $17.2 billion, ranking BitMine second worldwide among crypto treasuries, behind Strategy (MSTR). Chairman Tom Lee noted the position was built in under 15 months, with purchases made every week since the treasury strategy launched on June 30, 2025.
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