Bitmine Immersion Technologies held a $13.1 billion crypto treasury as of May 3, 2026. It ranks as the second-largest corporate holder globally, with Ethereum making up nearly all its reserves.
Treasury Breakdown
The company's holdings include $12.1 billion in Ethereum, equal to 5,180,131 ETH, and 200 Bitcoin. This isn't just about size. The concentration shows heavy reliance on one asset class. It's a bet on Ethereum's long-term role.
Volume vs. Giants
Bitmine processes $625 million in daily trading volume. That exceeds established companies like DoorDash. The scale matters for market liquidity. It shows crypto treasuries now move faster than some legacy tech firms.
Where It Stands
Its $13.1 billion reserve puts Bitmine firmly in second place among corporate crypto holdings. The treasury isn't idle. It's active in daily markets at volumes few traditional companies match. This isn't the first time its size has drawn attention this quarter.
