BitMine Immersion Technologies, a crypto investment firm, has published its August investor presentation, titled “The Alchemy of 5%.”
In the announcement, the firm also posted the newest installment of its monthly video series, “The Chairman’s Message,” with Chairman Tom Lee.
As of August 31, 2025, BitMine disclosed total holdings in crypto and cash of $8.98 billion, consisting of 1,866,974 Ethereum (ETH) tokens, 192 Bitcoin (BTC), and $635 million in unencumbered cash.
BitMine is the largest holder of Ethereum (ETH) in the world and has the second-largest overall crypto treasury. The company started its ETH Treasury strategy on June 30. Now, it is just behind Strategy Inc. (MSTR), which holds 629,376 Bitcoin worth $71 billion.
Chairman Tom Lee on Strategy Outlook
Chairman Tom Lee drew a parallel between the current regulatory developments in the cryptocurrency space, such as the SEC’s Project Crypto and the GENIUS Act, and the 1971 end of the Bretton Woods system.
He suggested that, similar to the transformation of financial markets following the end of the gold standard, “Ethereum is one of the biggest macro trades over the next 10-15 years.” As per Lee, Wall Street and AI moving onto the blockchain will transform today’s financial system, mostly on Ethereum.
BitMine’s aggressive accumulation strategy has garnered support from prominent institutional investors, including Cathie Wood’s ARK Invest, Pantera Capital, Kraken, Digital Currency Group (DCG), and Galaxy Digital. The company’s stock has experienced increased trading activity, with an average daily trading volume of $2.3 billion, ranking it among the top 25 most traded U.S.-listed stocks.
Also Read: ARK Invest Doubles Down on Ethereum, Buys $15.6M Bitmine Shares