JPMorgan invests in Ethereum reserve leader Bitmine, with a holding market value of 102 million USD

According to Jinshi reports, JPMorgan submitted its 13F-HR holdings document to the U.S. Securities and Exchange Commission on November 7, showing that as of September 30, the bank held 1,974,144 shares of Bitmine Immersion Technologies, the world's largest Ethereum reserve company, with a market value of $102 million.

Bitmine was originally a Bitcoin miner and transformed into an Ethereum reserve company in 2025. It currently holds over 3.24 million Ethereum, maintaining its position as the largest reserve globally.