BitMine's Ether Holdings Surpass 5 Million Tokens

Ether treasury firm Bitmine has significantly expanded its holdings, acquiring over 101,901 ETH worth approximately $236 million in a single week. This substantial purchase pushes Bitmine's total Ether reserves above 5 million tokens, representing about 4.21% of the cryptocurrency's circulating supply. The firm has achieved this milestone in just ten months since pivoting its strategy from Bitcoin mining to digital asset treasury management. Bitmine's aggressive accumulation continues even as many other digital asset treasury companies have paused their acquisition efforts.