BitMine announced reaching 3.97 million ETH tokens, totaling over $13.3 billion in crypto and total cash holdings.
The company owns more than 3.2% of the ETH token supply, progressing towards their target of acquiring 5% of ETH.
BitMine's crypto and cash holdings include 3.97 million ETH tokens, a $1.0 billion cash reserve, and other crypto assets.
ETH Holdings Milestone
BitMine now owns more than 3.2% of the ETH token supply, advancing towards the goal of acquiring 5% of ETH.
Total Holdings
The company's total crypto and cash holdings amount to $13.3 billion, including 3.97 million ETH tokens and $1.0 billion in cash.
Shareholder Meeting
BitMine will hold its annual shareholders meeting at the Wynn Las Vegas on January 15, 2026.
Institutional Support
Supported by prominent investors like ARK's Cathie Wood, Founders Fund, and others, backing BitMine's ETH acquisition strategy.
- BitMine has shown significant progress in accumulating ETH, adding over 100,000 tokens in the past week.
- The stability in crypto prices indicates a positive trend, encouraging BitMine to continue accumulating ETH towards their 'alchemy of 5%' target.
- The company's leadership in ETH holdings positions BitMine as a major player in the crypto treasury space.
BitMine's strategic focus on accumulating crypto assets, particularly ETH, coupled with positive market developments, sets a strong foundation for future growth and investment.