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Treasury holding

BitMine Immersion Technologies, corporate treasury, on Ethereum since June 2025.

The largest corporate ETH holder by a wide margin; the tracker records that the strategy includes staking. DATE CAVEAT: first_observed is the widely reported month of the treasury strategy's announcement and was not re-verified from a primary filing in this pass. DISCLOSURE: BitMine is an anchor funder of Ethereum Institutional and its chairman chairs EI's board.

In the record

14

months from first observation to the record's assessment of August 2026

7

corporate treasury rows in the record, this one included

45

rows filed to Ethereum by their sources

What it bears on

R1Can we hold and administer this the way we hold everything else?

available

Qualified custody, fund administration and in-kind creation are available from named providers under existing mandates.

This requirement in the register, with evidence

R2Can we stake without taking on concentration risk we cannot explain?

availablemoving to needs design

Staking access exists and rewards are treated as non-securities. Validator concentration and governance are not settled, and our own evidence here is absent rather than thin: the staking workstream did not complete.

This requirement in the register, with evidence

R6Who is the counterparty when there is no counterparty?

needs design

An ownerless system meeting procurement built for vendors. Six organisations can take your first call, and our own unincorporated status is part of this problem, not outside it.

This requirement in the register, with evidence

More corporate treasury deployments in the record

The record in full