BitMine Controls 2% of Ethereum Supply After $365M Funding Surge

TLDR: BitMine disclosed 2.4M Ethereum holdings worth $10.8B, giving it more than 2% of ETH’s circulating supply. The firm reported $345M in cash and $175M in moonshot investments, raising total crypto and cash holdings to $11.4B. BitMine stock now trades $3.5B daily, ranking #24 in U.S. stock market activity, according to Fundstrat data. The company [...]

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