ChainCatcher report, according to PR Newswire, BitMine increased its ETH holdings by 65,341 ETH last week, exceeding its previous weekly average purchase of approximately 45,000 to 50,000 ETH. As of now, its total ETH holdings amount to 4,660,903 ETH, representing about 3.86% of the total ETH supply, remaining the largest Ethereum treasury holder globally. Currently, approximately 3,143,000 ETH are staked, accounting for about 67% of its total holdings. Additionally, the total reserve value of its crypto assets, cash, and related investments is approximately $11 billion.
BitMine increases its ETH holdings by 65,341, bringing the total to 4.66 million.
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Summary
ETH news: BitMine added 65,341 ETH to its holdings last week, surpassing its typical weekly average of 45,000 to 50,000 ETH. Its total ETH holdings now stand at 4,660,903, or 3.86% of the total supply, making it the largest holder of Ethereum reserves. Approximately 3,143,000 ETH are staked, and its total reserves are valued at $11 billion. The ETH update reflects continued accumulation and a strong balance sheet.
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