JPMorgan has disclosed holding 1,974,144 shares of BitMine Immersion Technologies, valued at approximately $102 million, according to a 13F-HR filing with the U.S. SEC dated November 7. As of September 30, BitMine, which transitioned from bitcoin mining to an Ethereum reserve company in 2025, reportedly holds over 3.24 million ETH, ranking it among the largest corporate holders of Ethereum globally.