BitMine Immersion Technologies expanded its Ether treasury with a $200 million purchase of 46,255 ETH from BitGo on Wednesday, according to Lookonchain data.
The move comes just days after BitMine bought 202,500 ETH earlier in the week, taking its total holdings above 2.1 million ETH worth $9.2 billion at current prices.
BitMine remains the largest ETH-holding public company, far ahead of Sharplink Gaming’s 837,000 ETH. Its two buys this week nearly match the 273,300 ETH acquired by treasury firms last week, underlining its outsized role in institutional Ethereum accumulation.
