Source: CryptoNewsNet
Original Title: Bitmine’s ether stash tops 4.1 million tokens as crypto and cash holdings reach $13.2 billion
Original Link:
Bitmine Immersion Technologies said its combined crypto, cash and higher-risk “moonshot” investments have reached $13.2 billion, driven by an ether position that now totals more than 4.1 million tokens.
The firm said the holdings make it the world’s largest publicly owned ether treasury and place it second globally among corporate crypto treasuries, behind a major bitcoin-focused strategy fund.
As of Dec. 28, Bitmine said it held 4,110,525 ETH, along with 192 bitcoin, a $23 million stake in Eightco Holdings and $1 billion in cash.
The ether position represents about 3.41% of the network’s circulating supply of roughly 120.7 million ETH, putting the company about two-thirds of the way toward what it calls its “alchemy of 5%” target.
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PumpingCroissant
· 17h ago
4.1m ETH? That number is outrageous. How can an organization accumulate so much?
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PerpetualLonger
· 17h ago
4,100,000 Ethereum? Now that's true faith. I was just saying the bull market hasn't arrived yet. This is a signal that big institutions are frantically accumulating, alright?
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TokenomicsPolice
· 17h ago
I'm not the type to be scared by numbers. 4.11 million ETH? Sounds like a lot, but is it really held or just a story...
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NotSatoshi
· 17h ago
4.1m ETH? How early did you get in? You must be having a blast now.
Bitmine's ether stash tops 4.1 million tokens as crypto and cash holdings reach $13.2 billion
Source: CryptoNewsNet Original Title: Bitmine’s ether stash tops 4.1 million tokens as crypto and cash holdings reach $13.2 billion Original Link: Bitmine Immersion Technologies said its combined crypto, cash and higher-risk “moonshot” investments have reached $13.2 billion, driven by an ether position that now totals more than 4.1 million tokens.
The firm said the holdings make it the world’s largest publicly owned ether treasury and place it second globally among corporate crypto treasuries, behind a major bitcoin-focused strategy fund.
As of Dec. 28, Bitmine said it held 4,110,525 ETH, along with 192 bitcoin, a $23 million stake in Eightco Holdings and $1 billion in cash.
The ether position represents about 3.41% of the network’s circulating supply of roughly 120.7 million ETH, putting the company about two-thirds of the way toward what it calls its “alchemy of 5%” target.