JPMorgan Chase Acquires Stake in Ethereum's Largest Treasury Management Firm Bitmine, Holding Position Valued at $102 Million

BlockBeats News, November 8th, JPMorgan Chase's 13F-HR filing submitted to the SEC on November 7th showed that as of September 30th, the bank held 1,974,144 shares of Bitmine Immersion Technologies, the world's largest Ethereum reserve company, with a holding market value of $102 million.

Bitmine, originally a Bitcoin miner, transitioned to an Ethereum reserve company in 2025 and currently holds over 3.24 million Ether, making it the world's largest reserve holder.