BitMine Acquires $113 Million Worth of ETH, Boosting Its Holdings to $13.3 Billion

Cryptocurrency firm BitMine has added 27,316 Ether (ETH) worth $113 million to its treasury. This significant move brings BitMine’s total Ethereum holdings to a staggering $13.3 billion, solidifying its position among the world’s largest institutional ETH holders. The purchase signifies strong trust in the future of Ethereum, particularly due to ongoing developments like Ethereum 2.0 and Layer-2 scaling solutions. 🤝