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Crypto

Bitmine Surpasses Six Million Ethereum Tokens in Holdings

Guavy AI Editorial Team
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ETH
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Bitmine Immersion Technologies has announced its Ethereum holdings now exceed six million tokens, representing over $17.2 billion in total crypto and marketable securities.

This milestone comes just 15 months after Bitmine began accumulating ETH, putting the company nearly 98% of the way to its goal of holding 5% of the total ETH supply.

The news follows a strong quarter for Ethereum, with the cryptocurrency outperforming the S&P 500 by over 6,700 basis points in Q3 so far this year.

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