Tom Lee’s Bitmine becomes the first Ethereum Treasury that collects 1,000,000 ETH

Bitmine Immersion Technologies has become the first company to have collected more than a million ETH for its strategic treasury.

On Monday, the company announced that his ETH companies had reached 1.15 million tokens worth around $ 4.9 billion.

It added that this is a total of 317.126 more than a week ago and that the treasury value is approximately $ 2 billion higher compared to that period.

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Bitmine today announced ETH interests of 1,150.263 tokens:

– ETH companies of 1,150,263 is appreciated at $ 4.9 billion ($ 4,300 ETH)
– 317,126 More ETH than a week ago
– $ 2.0 billion higher than a week ago

Link ⛓️:https://t.co/O0YJ7YQRJS

– Bitmine BMNR (@BitMNR) August 11, 2025

Ethereum Treasurys on fire

Bitmine launched his ETH Treasury strategy on 30 June and has since passed several important milestones, including becoming the largest ether treasure box in the world.

With almost $ 5 billion in possession, it is also like the world’s third largest crypto treasure box, behind only strategy and Mara Holdings.

“In just a week, Bitmine increased its ETH interests by $ 2 billion to $ 4.96 billion, the lightning speed in the pursuit of the ‘Alchemy of 5%’ of the company,” said Tom Lee of Fundstrat, and chairman of Bitmine’s Board of Directors.

The company has the largest share of the total ETH Treasury Holdings with 34% of a total of 3.49 million ETH. The next one closest is Sharplink, which has slightly less than 600,000 ETH, or around 17%.

Ethereum Treasury companies, of which there are only 12, now have 2.9% of the entire stock of the active. In the meantime, Spot Ether ETFs contain around 5% of the total circulating food.

Bitmine (BMNR) is now one of the most traded shares in the US, according to data from Fundstrat, which reported that it has generated an average dollar volume of $ 2.2 billion.

Its value has been raised more than 1,300% since it started stacking and placing ETH and 14.7% has also risen from Monday, to $ 60 in trade after hours, according to Google Finance.

The crazy MF actually did it.

Tom Lee is the first to 1 million ETH.

New purchases revealed 1.2 million ETH ($ 5 billion).

In a month he made 20% of the way of his goal to acquire 5% of all ETH delivery.

12x faster than Saylor.

We are past the moon on the way to the Andromeda Galaxy. pic.twitter.com/dlvf1tumxv

– Ryan Sξan Adams – RSA.eth (@ryansadams) August 11, 2025

Ethereum holds its ground

Ether prices reached a peak of three and a half years of $ 4,350 on Monday, a level that is no longer seen since the bullmarkt at the end of 2021.

It moved back to $ 4,200 in the hours that followed, but managed to reclaim $ 4,300 during the Asian trade session on Tuesday morning, indicating that the rally is not over yet.

ETH is now only 12% away from the all-time high, almost four years ago.

In the meantime, Ether Spot ETFs have seen their highest inflow since the start on just over $ 1 billion on Monday.