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  • Qadir AK
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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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BitMine Boosts Ethereum Reserves to $5.77 Billion

BitMine, an Ethereum-focused treasury company, has added 135,135 ETH worth $600 million to its holdings. The purchase was made through three major institutional service platforms, FalconX Global, Galaxy, and BitGo. With this latest accumulation, BitMineโ€™s total Ethereum reserves now stand at 1.297 million ETH, valued at $5.77 billion. This move highlights BitMineโ€™s continued confidence in Ethereum as a core asset and strengthens its position as one of the largest institutional ETH holders.

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