BitMine, one of the largest corporate holders of Ethereum, has significantly increased its assets by acquiring 14,618 ETH for $44.3 million.
This is reported by Finway
BitMine Expands Its Influence in the Ethereum Market
According to data from the analytical platform Arkham Intelligence, the crypto assets were credited to the company’s designated wallet. The average purchase price was $3,030 per Ether. It is important to note that on November 27, 2025, the price of Ethereum exceeded the $3,000 mark, demonstrating positive dynamics in the market.
At the time of preparing this news, the ETH price is at $3,059:
Company Strategy and Current Portfolio Status
BitMine currently controls 3.62 million ETH, equivalent to $10.9 billion. Thus, the company holds about 3% of the total Ethereum supply. However, as indicated by data from Arkham Intelligence, its portfolio is currently in a zone of unrealized losses amounting to $3.6 billion.
“The company controls about 3% of the Ethereum supply. However, its portfolio is deeply in the zone of unrealized losses.”
BitMine aims to achieve a 5% share of the total Ethereum supply while continuing to expand its digital asset portfolio.
It is worth noting that experts from 10x Research predict that if staking is approved in spot Ethereum ETFs, it could threaten the revenues of treasury companies (DAT). The reason is that funds will be able to offer nearly similar returns but with lower risks for investors.