BitMine Immersion Technologies has become the largest non-US corporate holder of Ethereum, amassing over 3.2 million ETH. This milestone, announced on October 20, 2025, underscores the growing institutional confidence in Ethereum's role as a key infrastructure asset.
The development is backed by ARK Invest, which has reallocated $175 million and acquired significant shares in BitMine, further solidifying its belief in Ethereum's future potential. This move highlights the increasing interest and investment in Ethereum by major institutional players.
BitMine Emerges as Largest Non-US Ethereum Holder with 3.2M ETH
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