Bitmine's immersion increases ETH holdings to 4.596M, with total assets reaching $11.5B

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Bitmine Immersion increased its ETH holdings by 60,999 to 4,595,562 as of March 15, 2026. With ETH at $2,185, total assets reached $11.5 billion, including cash, crypto, and strategic investments. The firm now owns 3.81% of the global ETH supply, ranking second behind MSTR. Bitmine also added $80 million to Eightco, which allocated $50 million to OpenAI equity. The firm’s actions align with rising interest in risk-on assets amid CFT compliance efforts.

According to PR Newswire, as of March 15, 2026, Bitmine Immersion Technologies, a U.S.-listed ETH treasury company, held a total of 4,595,562 ETH. At a price of $2,185 per ETH, the company’s total assets—including cryptocurrency holdings, cash, and strategic investments—amounted to approximately $11.5 billion, with $1.2 billion in cash reserves. Bitmine currently holds 3.81% of the global ETH circulating supply, making it the largest Ethereum treasury company worldwide and the second-largest crypto treasury overall, behind Strategy (NASDAQ: MSTR), which holds 738,731 BTC. In terms of strategic investments, Bitmine has further invested $80 million in Eightco (NASDAQ: ORBS), which has already allocated $50 million to acquire equity in OpenAI.

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