BitMine Boosts ETH Reserve to 3.5 Million Tokens with $59 Million Transfer

Crypto firm BitMine has significantly expanded its Ethereum holdings, reaching a total of more than 3.5 million tokens through a substantial $59.17 million transfer from FalconX. This strategic move adds to their existing reserves and reflects the company’s continued commitment to maximizing ETH holdings during market fluctuations. Despite recent market downturns, BitMine strategically purchased additional Ethereum throughout October, which has fueled the growth of their reserve.