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BitMine Adds 28,086 ETH as Treasury Nears 5% of Supply

BitMine Immersion Technologies added 28,086 ETH over the past week, lifting its treasury to 5,929,198 ETH as the company approached its target of owning 5% of Ethereum’s supply. The company valued the position at about $...

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BitMine Adds 28,086 ETH as Treasury Nears 5% of Supply
BitMine Immersion Technologies added 28,086 ETH over the past week, lifting its treasury to 5,929,198 ETH as the company approached its target of owning 5% of Ethereum’s supply. The company valued the position at about $14.79 billion using a Coinbase reference price of $2,495 as of 2 p.m. ET on... Read the full story at The Defiant

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Ethereum is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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