Ethereum Accumulation Surge: BitMine and SharpLink Expand ETH Holdings in Q3 2025 & November
Recently, both Ethereum treasury companies BitMine and SharpLink actively accumulated ETH during Q3 2025 and November.
BitMine (BMNR) saw its ETH holdings surge from about 163,000 in July to nearly 3.4 million by early November, exceeding 3.5 million the following week - a 20-fold increase. With a 15.6% increase over the past 30 days, it has become the leader in corporate ETH holdings. Despite market fluctuations causing unrealized losses, Chairman Tom Lee publicly expressed strong confidence in Ethereum, demonstrating a "buy the dip" strategy that reflects long-term bullish intent.
SharpLink (SBET) similarly continued accumulating, reaching 861,250 ETH by November 9th. The company added over 43,000 ETH since late Q3, including 2.5% in the past 30 days, with approximately 19,000 ETH acquired in October alone. Their holdings are currently at an unrealized gain, supported by strong Q3 performance and significant net profit growth. Furthermore, the company plans to deploy portion of its ETH to Layer2 networks and generate additional returns through professional services, indicating a more proactive asset management strategy.
3.71K
7
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.