BitMine Reaches 97% of Ethereum Target, Still Short 170K ETH

BitMine's Ethereum holdings have reached a significant milestone, with the company now holding approximately 5.93 million ETH after acquiring 28,086 ETH in one week.

This acquisition brings BitMine closer to its goal of owning 5% of the total Ether supply, with the company confirming it has achieved 97% of this target.

The company's treasury now represents nearly 15.7 billion dollars in cryptos, cash, and stakes, including 211 bitcoins and $593 million in cash and marketable securities.