BitMine (BMNR) Boosts Holdings with 373,000 ETH, Now Commanding 1.52 Million ETH Total

In a recent report, COINOTAG highlighted that BitMine (BMNR) has significantly increased its holdings by acquiring an impressive 373,000 ETH this week. This acquisition elevates its total holdings to 1.52 million ETH, translating to roughly 1.26% of the total Ethereum supply. Collectively, the 69 companies managing Ethereum now possess 4.09 million ETH, which constitutes approximately 3.38% of the entire ETH supply, equating to a market value of about $17.43 billion. Additionally, current Exchange-Traded Funds (ETFs) have accumulated 6.56 million ETH, representing nearly 5.42% of the total Ethereum supply, with a valuation close to $27.97 billion. These figures underscore the growing institutional interest in Ethereum and the continued evolution of the crypto landscape.