BMNR News: Added 150K Ether (ETH) to Treasury, Bringing Holdings to $8.1B

BMNR News: Added 150K Ether (ETH) to Treasury, Bringing Holdings to $8.1B

BitMine aims to control 5% of Ethereum's supply, positioning itself as the largest listed ETH treasury firm.

BitMine Ethereum Holdings Reach $8.1 Billion Value

BitMine Immersion Technologies has just become the largest corporate holder of Ethereum. According to Crypto.news, the company now owns 1,866,974 ETH. That’s worth over $8.1 billion. To put it in perspective, this is more than 1.5% of all Ethereum currently in circulation. For a long time, companies were cautious about buying big amounts of crypto. BitMine’s move shows just how seriously some corporations are taking Ethereum as a long-term inves…

BitMine Boosts Ethereum Stash Above $8 Billion, Now Holds 1.5% of ETH Supply

BitMine Immersion Technologies recently purchased 153,000 ETH, taking a $655 million step toward its goal of owning 5% of the asset’s supply.

Bitmine now holds 1.86M ETH, about 1.6% of circulating Ether

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Tom Lee's Ethereum treasury BitMine acquires over 153K ETH, holdings approach 2 million

BitMine grew its ETH treasury to $8.98B and unveiled its Alchemy of 5% plan, with Tom Lee comparing Ethereum to Wall Streets 1970s boom. The post Tom Lee’s Ethereum treasury BitMine acquires over 153K ETH, holdings approach 2 million appeared first on Crypto Briefing.