BitMine Boosts Ethereum Holdings to Over $11 Billion
BitMine has significantly expanded its Ethereum holdings to 5.82 million ETH after acquiring an additional 9,926 ETH last week.
This represents about 4.8% of Ethereum's total supply of 120.7 million tokens and positions BitMine as a major player in the market.
The company has staked 87% of its treasury, with a staked balance of 5,067,309 ETH valued at approximately $9.6 billion.