
BitMine acquired 76,881 ETH over the past week, increasing its total holdings to 5.62 million ETH. The company now controls about 4.66% of Ethereum’s total supply, making it one of the largest corporate holders of the asset. BitMine said its combined crypto and cash holdings have reached $10.4 billion, including roughly $285 million in cash. Investors will watch whether the company continues accumulating ETH and how its growing stake affects the broader Ethereum market.
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