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Bitcoin & Crypto SINGLE SOURCE

Bitmine Surpasses 6M ETH, Closing In on 5% of Ethereum Supply

Close-up of a digital market analysis display showing Bitcoin and cryptocurrency price trends.
Illustrative photo.Photo by Alesia Kozik on Pexels

What happened

Bitmine Immersion Technologies is closing in on a staggering prize: ownership of 5% of Ethereum’s entire ether supply. The company disclosed on Monday that its treasury now holds 6.03 million ETH, representing 4.9% of all tokens in circulation.

Sources & evidence