Bitmine's recent purchase of 28,086 ETH has brought its total holdings to 5,929,198, representing about 4.9% of Ethereum's 122 million token supply.
The value of these holdings is approximately $14.66 billion, based on a $2,495 ETH price from Coinbase.
Meanwhile, Ethereum trades near $2,492 after recovering from a session low of $2,442.98.
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