Bitmine's Aggressive Ethereum Buying Pushes Portfolio Over $15 Billion

Bitmine Immersion Technologies has continued to aggressively accumulate Ethereum (ETH) in its treasury, now holding over 5.96 million ETH worth approximately $15 billion at a price of $2,513 per ETH.

This brings the company's total portfolio value to around $15.8 billion and moves it closer to its goal of controlling 5% of Ethereum's total supply.

According to the source, with 122 million ETH outstanding, Bitmine's holdings represent approximately 4.9% of the supply, putting it about 98% of the way toward its 'Alchemy of 5%' target.