Key Points BitMine Immersion Technologies now owns 4.88% of all Ethereum, with plans to own 5% soon. The market cap of BitMine is nearly identical to the value of its total Ethereum holdings. Investors looking for exposure to Ethereum have other options, such as Ethereum ETFs. 10 stocks we like better than Bitmine Immersion Technologies › BitMine Immersion Technologies (NYSE: BMNR) is the largest Ethereum (CRYPTO: ETH) treasury company in the world, and it's not even close. After massive buys over the past 30 days, BitMine now owns 4.88% of all Ethereum in circulation. By the end of the year, the company plans to push through the 5% ownership mark. Admittedly, the company's relentless buying of Ethereum over the past year has been impressive.
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