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Corporate ETH Accumulation Surges: Could One Firm Control 5% of Supply?
BitMine Immersion has concentrated over 1.52 million ETH, worth around $6.6 billion, on its balance sheet, positioning it as the largest corporate Ethereum treasury. The firm added 373,000 ETH in one week alone and set its sights on acquiring up to 5 % of Ethereum’s circulating supply, an aggressive ambition that reshapes how institutions view ETH. BitMine Immersion added 373,000 ETH in a single week, raising its holdings to 1.52 million tokens valued at about $6.6 billion, making it the leading corporate ETH holder. That accumulation represented an increase from 1.15 million tokens just days earlier. At current ... (full story)
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