bitmine ethereum treasury largest - Bitmine Surpasses 4.06M ETH, Becoming World's Largest ETH Treasury Holder
As reported by AMBCrypto, Bitmine Immersion [BMNR] has increased its Ethereum holdings to over 4.06 million ETH, making it the largest corporate ETH treasury. The company now controls 3.37% of the total Ethereum supply, accumulating 98,852 ETH in one week and over 506,000 ETH in the last 30 days. This surge in accumulation contrasts with declining Ethereum ETF demand, as ETF outflows have dominated since October, with net assets dropping from $31B to $18B. Bitmine's strategy appears to be positioning for a future supply squeeze and deeper corporate integration, as it continues to accumulate during market weakness.Source:Show originalDisclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
