BitMine Acquires $7.65 Billion Worth of Ethereum, Becoming Largest Corporate ETH Holder

Tom Lee’s BitMine has acquired a staggering 1.72 million ETH over 40 days, accumulating a treasury valued at approximately $7.65 billion – making it the largest known corporate ETH holder. This strategic move underscores BitMine’s ambitious goal to dominate corporate Ethereum holdings. 1.72 million ETH, representing roughly 5% of Ethereum’s circulating supply, could significantly influence the cryptocurrency market.