BitMine now holds 4.7% of Ethereum’s total supply
BitMine Immersion Technologies has added $92 million in Ethereum to its balance sheet.
The firm now holds more than 4.7% of the Ethereum circulating supply.
The latest acquisition brings BitMine’s total Ethereum holdings to 5,672,956 ETH, valued around $10 billion.
BitMine also maintains 205 Bitcoin worth around $13.3 million and recently raised $274 million in proceeds from its preferred equity offering.