BitMine reports $8.98B crypto+cash holdings; 1.87M ETH; goal of 5% ETH network

BITMINE IMMERSION TECHNOLOGIES, INC.

Crypto + cash holdings of $8.98B as of Aug 31, 2025: 1.87M ETH, 192 BTC, $635M cash.
Chairman Tom Lee releases video/presentation on 'Alchemy of 5%' strategy to acquire 5% of Ethereum network.
Company ranks as #2 global crypto treasury behind Strategy Inc (MSTR), which holds 629K BTC valued at $71B.
Stock average daily volume $2.3B (5-day avg), ranking #22 in US behind Costco and ahead of JPMorgan.
Institutional backers include ARK's Cathie Wood, MOZAYYX, Founders Fund, Pantera, Kraken, DCG, Galaxy Digital.

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