The firm now holds 4.31% of Ethereum’s total supply, with assets totaling $13.4 billion including BTC and cash.
Bitmine Immersion Technologies reported its Ethereum holdings climbed to 5.2 million ETH, an increase of 26,659 tokens from its prior disclosure. The company’s total assets now reach $13.4 billion, including 201 BTC and $775 million in cash reserves.
The firm stakes 4.7 million ETH, valued at approximately $11.1 billion at current prices. Its holdings represent 4.31% of Ethereum’s circulating supply, reinforcing its position as a major ETH holder.
No immediate market reaction was disclosed in the announcement.