BitMine Reaches New Milestone in Ethereum Holdings, Exceeding $12.9 Billion

BitMine Immersion Technologies (BitMine) has announced a significant milestone in its Ethereum holdings, exceeding $12.9 billion in total value. The company’s crypto and cash holdings have reached an unprecedented level, driven by strategic investments and growth within the cryptocurrency ecosystem. BitMine currently owns over 3 million ETH tokens, representing approximately 2.5% of the overall supply. This substantial investment positions the company as a key player in the Ethereum landscape.