BitMine Becomes The Second Largest Corporate Crypto Treasury Behind Strategy BTC


10h05 ▪
5
min read ▪ by
Luc Jose A.

While the crypto market evolves in a climate of macroeconomic uncertainty, a major operation has just redefined the balances. In one week, BitMine Immersion Technologies acquired 1.7 billion dollars in Ethereum, crossing the symbolic threshold of 1 % of the total circulating supply.

The Ethereum-filled crypto vault owned by BitMine.The Ethereum-filled crypto vault owned by BitMine.

In brief

  • BitMine Immersion Technologies acquired 373,110 ETH in one week, for an amount of 1.7 billion dollars.
  • This operation brings its holdings to more than 1.5 million ETH, or more than 1 % of…

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