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Bitmine Immersion Technologies Inc. (NYSE:BMNR) bought 32,977 Ethereum (CRYPTO: ETH) last week to push total holdings to 4.144 million ETH worth $13.2 billion, with the BMNR stock holding at a critical support level.
Bitmine Now Owns 3.43% Of ETH Supply
Bitmine’s Ethereum holdings now represent 3.43% of the total ETH supply of 120.7 million tokens, putting the company two-thirds of the way to its stated goal of owning 5% of all Ethereum—the “Alchemy of 5%.”
Beyond Ethereum alone, Bitmine’s broader balance sheet continues to expand.
The company’s total crypto and cash holdings hit $14.2 billion, including 4.144 million ETH at $3,196 per token, 192 Bitcoin (CRYPTO: BTC), a $25…
Read more on Benzinga




