BitMine Expands the World’s Largest ETH Reserve, Turning a $45M Buy Into $1.9B Gains

Jakarta, Pintu News – BitMine, led by Tom Lee, now owns $7.19 billion worth of Ethereum (ETH). The company recorded an unrealized gain of $1.9 billion.

Recently, it also added $45 million worth of ETH to its company reserves. This buying spree comes amid the Ethereum network recording all-time highs in the number of transactions and active addresses.

BitMine’s $1.9 Billion Ethereum Profit Affirms Institutional Confidence

This latest purchase confirms BitMine’s position as the owner of the largest ETH reserves in the world. Based on data from Arkham, BitMine now controls around 1,518 million ETH with a value of around $7.19 billion.

Read also: 6 Giants of Ethereum: The Biggest Holders You Should Know About

The latest transaction added almost 9,500 ETH to the company’s reserves. As the purchase was made at a price of around $4,735, the asset is yet to provide immediate profits.

However, previous accumulations made at an average price of $3,492 per ETH are now yielding huge profits. At the current price level, BitMine has about $1.9 billion in unrealized gains.

The level of gains demonstrates the benefits of an accumulation strategy combined with a strong belief in Ethereum’s long-term growth. Tom Lee’s decision to continue adding ETH exposure through BitMine further confirms the views of major investors.

They believe that Ethereum has yet to reach its full potential in terms of growth. XRP lawyer John Deaton’s ETH price prediction reinforces this belief.

With nearly $1.9 billion in profits on paper and no signs of stopping purchases, BitMine’s move exemplifies how institutional activity can provide a long-term boost to the market.

Record Ethereum Network Usage & Low Fees Show Institutional Confidence

BitMine’s latest purchase further proves its faith in ETH as an asset as well as confidence in the fundamentals of the Ethereum network. Today, those fundamentals look stronger than ever.

Read also: Donald Trump’s World Liberty Financial Crypto Officially Launches WLFI Token on Ethereum!

According to data from Token Terminal, Ethereum Layer 1 recorded an all-time high in the number of daily transactions and active addresses. This surge in usage shows that more and more individuals and applications are relying on Ethereum.

More interestingly, gas prices are at historic lows despite the increase in activity. This indicates that Ethereum has managed to achieve a major breakthrough in terms of scalability. This increased capability is fueling price optimism, with analysts projecting ETH’s upside target to around $5,500.

Users can now perform multiple transactions with high efficiency and low fees. Increased network activity coupled with a low fee structure strengthens Ethereum’s position as a long-term store of value.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Ambcrypto. Bitmine Stacks 1.5M ETH: Why Institutions Want Ethereum Over Bitcoin. Accessed on August 25, 2025
• Coingape. Tom Lee’s Bitmine Buys Another $45M ETH, Now on $1.9B Profits. Accessed on August 25, 2025