BitMine Immersion Technologies said its Ethereum holdings climbed to 1.52 million tokens, valued at roughly $6.6 billion, after purchasing more than 373,000 ETH in the past week. The accumulation makes the New York–listed company the world’s largest corporate holder of Ethereum and the second-largest digital-asset treasury overall, trailing only Strategy Inc.’s Bitcoin hoard. BitMine’s ETH position rose by about $1.7 billion week-on-week and now represents 1.26 % of the cryptocurrency’s circulating supply. Chairman Thomas “Tom” Lee reiterated the firm’s target of amassing 5 % of all ETH—about $25 billion at current prices—and said a recently upsized $20 billion stock-offering program will fund further purchases. Average daily turnover in BitMine shares has reached approximately $6.4 billion, ranking the stock as the 10th-most-traded in the United States, according to Fundstrat data. Institutional buying of Ethereum is broadening. On Tuesday, SharpLink Gaming disclosed it had acquired 143,593 ETH for about $667 million at an average price near $4,648, lifting its treasury to 740,760 ETH worth about $3.2 billion. The move cements SharpLink as the second-largest public holder of Ethereum behind BitMine and underscores continuing corporate demand for the asset despite recent price volatility.