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Bitmine Ethereum Holdings Reach 5.21 Million Tokens

Guavy AI Editorial Team
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Bitmine Immersion Technologies (BMNR) recently announced its Ethereum holdings have reached 5.21 million tokens, accounting for more than 4.31% of the total ETH coin supply of 120.7 million.

The company's crypto and cash holdings now total $13.4 billion, making it one of the largest Ethereum treasuries in the world.

'Crypto spring' has commenced, according to Tom Lee, Chairman of Bitmine, with investor sentiment and conviction muted despite strengthening prices. The dual tailwinds of Wall Street tokenizing on the blockchain and agentic AI systems needing public and neutral blockchains are driving Ethereum's performance.

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