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On November 7th, JPMorgan Chase (JP Morgan) submitted its quarterly 13F-HR filing to the U.S. SEC, showing that as of September 30, 2025:
JPMorgan Chase held 1,974,144 shares of Bitmine. At a price of $40 per share, this amounts to approximately $78.96 million.
The position size remains modest, indicating a tentative position.
The 13F-HR is a regulatory filing in the United States where institutional investors disclose their U.S. stock holdings quarterly to ensure transparency.
As of November 7th, Bitmine held 33,954,220 tokens, accounting for 2.81% of Ethereum's circulating supply, with a value of approximately $11.544 billion.
Currently, Bitmine's market capitalization is $11.4 billion, and its adjusted net asset value (mNAV) is 0.987.