BitMine Emerges as Top Corporate Ethereum Holder with $2.9B Stash, BMNR Stock Skyrockets

In a groundbreaking development, BitMine Immersion Technologies has solidified its dominance in the corporate ethereum landscape, amassing a staggering 833,137 ETH (worth over $2.9 billion) in just 35 days. This aggressive accumulation not only surpasses SharpLink's 438,000 ETH holdings but also propels BitMine to third place globally among corporate crypto treasuries, trailing only Bitcoin-heavy firms like MicroStrategy and Marathon Digital. The company's stock (BMNR) has surged an astonishing 300%, reflecting investor enthusiasm for its bold Ethereum strategy. As of August 2025, this move signals growing institutional confidence in Ethereum's long-term value proposition within the digital asset ecosystem.

BitMine Surpasses SharpLink with $2.9B Ethereum Holdings, BMNR Stock Soars 300%

BitMine Immersion Technologies has cemented its position as the largest corporate holder of Ethereum, amassing 833,137 ETH worth over $2.9 billion in just 35 days. The aggressive accumulation dwarfs SharpLink's 438,000 ETH holdings and propels BitMine to third place globally in crypto treasuries, trailing only Bitcoin-heavy firms Strategy and Marathon Digital.

The company's stock (BMNR) has mirrored this explosive growth, recording $1.6 billion in daily trading volume—ranking 42nd among all US-listed stocks—while its share price surged 300% since adopting its ETH strategy. "We've achieved the alchemy of 5% of ETH supply at lightning speed," said BitMine Chairman Tom Lee, highlighting both the velocity of their treasury growth and their stock's liquidity advantage over peers.

CrediX Finance Loses $4.5M in Governance Exploit Days After Launch

CrediX Finance, a nascent DeFi protocol, was forced offline following a $4.5 million exploit stemming from compromised multisig governance controls. Attackers infiltrated admin privileges six days prior to draining liquidity through collateral token minting.

Blockchain analysts SlowMist traced the breach to unauthorized bridge role access, enabling synthetic borrowing that collapsed the protocol's reserves. CertiK confirmed the stolen funds were bridged from Sonic to Ethereum—highlighting persistent security risks in centrally-managed DeFi systems.

The incident underscores the vulnerability of young protocols, with CrediX operating barely a month before the attack. Governance flaws remain a critical attack vector as hackers increasingly target administrative privileges rather than smart contract bugs.

ETH Price Eyes $4,000+ Rally as Smart Money Bets Big on Recovery

Ethereum's price has surged past $3,550, marking a sharp rebound from its August low of $3,357. Analysts point to a textbook inverse head-and-shoulders pattern on hourly charts, with the neckline breached—a bullish signal that could propel ETH toward $3,900 in the short term.

Whale accumulation and technical indicators suggest growing institutional confidence. The 15-minute chart shows a $200 rally within 24 hours, while 4-hour formations hint at sustained momentum. Market sentiment now targets $4,100, echoing broader crypto market optimism.

BitMine Emerges as Largest Corporate Holder of Ethereum with $2.9B Treasury

BitMine Immersion Technologies has executed one of the most aggressive accumulation strategies in crypto history, amassing 833,137 ETH worth $2.9 billion in just five weeks. The firm now holds the title of the world's largest corporate Ethereum treasury, surpassing all publicly traded competitors.

The acquisition pace—averaging 24,000 ETH per day—represents approximately 0.7% of Ethereum's circulating supply. BitMine's Chairman Thomas Lee described the feat as achieving "the alchemy of 5%" at lightning speed, referencing the company's ambitious target to control 5% of all ETH.

Market response has been decisive. Trading volume in BitMine's stock now rivals major equities, reflecting institutional confidence in its Ethereum-centric strategy. The MOVE signals growing corporate adoption of crypto treasury strategies at scale.

BitMine Becomes World’s Largest ETH Holder

BitMine, under the leadership of Tom Lee, has emerged as the largest holder of Ethereum globally, amassing over 833,000 ETH worth approximately $2.9 billion. The firm's aggressive accumulation strategy over the past 35 days reflects its ambition to control 5% of Ethereum's total supply, leveraging staking to generate yield.

Backed by prominent investors including Bill Miller III, Cathie Wood, and Founders Fund, BitMine is positioning itself as a dominant player in the Ethereum ecosystem. This move underscores institutional confidence in Ethereum's long-term value proposition and its evolving role in decentralized finance.

"Crypto Needs a Cause": Oh Whale Co-Founder on Building a Transparent, Impact-Driven Token

Oh Whale, an Ethereum-based project, is carving a unique niche in the crypto space by blending decentralized finance (DeFi) with marine conservation. The initiative allocates a portion of every transaction to ocean preservation efforts, with its DAO community voting on which NGOs receive funding. The project’s pseudonymous co-founder, known as "Blue," emphasizes building real value beyond speculative hype.

In an interview, Blue revealed how a failed presale led him to transition from investor to founder. Despite the team’s anonymity, they are fully KYC-verified, a deliberate choice to balance transparency with personal safety. The founders bring decades of combined expertise in blockchain, cybersecurity, and project management.

Oh Whale’s model challenges the status quo of anonymous, volatile tokens by prioritizing tangible impact and long-term sustainability—for both investors and the environment. The project’s next phase focuses on expanding its crypto-for-good mission, leveraging community governance to drive conservation outcomes.