Bitmine currently holds Ethereum (ETH) of over $2.9 billion, establishing its position as the world’s largest institutional ETH Treasury Ministry.
The company reached this milestone after accumulating 833,137 ETKENs. With this rapid acquisition, Bitmine demonstrates its intention to lead the holdings of institutional Ethereum.
According to its official disclosure, Bitmine aims to control up to 5% of its total supply of ETH. The company is relying on both active accumulation and strategic partnerships for liquidity and custody to advance its position. Currently, this approach places Bitmine ahead of public company peers for each industry data, but future rankings may change as new reports emerge.
“Bitmine moved 35 days ago at lightning speed to pursue “5% alchemy” that grows ETH holdings from zero to over 833,000 ETH holdings.
Bitmine’s statement also outlines its intention to work with institutional partners to enhance market domination to maximize staking yields and long-term ETH growth.
Bitmine’s visible activities actually set new standards for corporate crypto assets management. However, government-verified regulatory applications for these ETH reserves are not listed in the major databases.
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