As of July 23, 2025, BitMine holds 566,776 ETH valued at over 2 billion USD. The firm aims to secure 5% of total ETH supply, equating to nearly 6 million ETH, supported by a recent private placement of 250 million USD.
BitMine’s strategy includes increasing ETH per share via smart capital market moves and earnings from staking. CEO Jonathan Bates highlighted their commitment to Ethereum’s growth, anticipating ETH could reach 40,000 USD by 2025 based on past market patterns.
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