BitMine Purchases Substantial Ethereum Holding

BitMine has significantly expanded its cryptocurrency holdings through a recent acquisition of 82,353 Ether (ETH), valued at $305.9 million, as reported by PANews and Onchain Lens. This purchase brings the company’s total Ethereum holdings to a substantial 3,395,422 ETH, now worth approximately $12.61 billion. Furthermore, BitMine also holds a significant stake in Bitcoin (BTC) with an approximate value of $62 million as reported by PR Newswire, as well as shares in Eightco Holdings.