Bitmine Surpasses $13.3 Billion in Assets, Nears 5% ETH Acquisition Goal
Bitmine Immersion Technologies has reached a major milestone in its Ethereum (ETH) accumulation strategy, surpassing $13.3 billion in total assets.
The company's ETH holdings now stand at 5.078 million tokens, representing approximately 4.21% of the total ETH supply of 120.7 million tokens.
'Bitmine ETH holdings crossed 5 million this past week,' stated Thomas 'Tom' Lee, Chairman of Bitmine.
This significant achievement has been reached in just 10 months, and is part of the company's goal to acquire 5% of the total ETH supply through its strategy known as the 'Alchemy of 5%.'