BitMine Surpasses $15B in Holdings with 27K ETH Purchase
BitMine Immersion Technologies has added 27,180 ETH to its Ethereum holdings, bringing its total to 5.96 million ETH.
This represents approximately 4.9% of Ethereum's total supply of 122 million ETH.
The company's total crypto, cash, and marketable securities holdings now stand at $15.8 billion.
BitMine's Ethereum position is notable because it departs from the traditional corporate treasury allocation strategy focused on Bitcoin.