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Bitmine Surpasses 5.8 Million ETH Holdings Amid Slowdown in Buying Pace

Guavy AI Editorial Team
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ETH
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Bitmine Immersion Technologies has continued its Ethereum buying streak, surpassing 5.8 million ETH in total holdings.

The company acquired an additional 7,391 ETH last week, bringing its total to 5,805,238 ETH, which represents approximately 4.81% of the total circulating supply of 120.7 million ETH.

Bitmine's total digital asset and strategic investment portfolio stands at $11.6 billion, with holdings valued at approximately $11.2 billion based on an ETH price of $1,928 at the time of the announcement.

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