BitMine Immersion Technologies added 27,316 ETH worth $113 million to its treasury this week, increasing its total Ethereum holdings to $13.3 billion. This makes BitMine the largest ETH treasury globally and the second largest crypto treasury overall. The company, led by Tom Lee, aims to accumulate 5% of Ethereum’s total supply. BitMine is supported by top institutional investors and believes Ethereum will play a key role in future financial markets.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Credit: Source link
