Bitmine Immersion Technologies ($BMNR) has sharply expanded its Ethereum (ETH) holdings, positioning itself as one of the most concentrated corporate holders of the asset in a move that underscores the growing role of ‘institutional demand’ in crypto markets. According to a Monday PRNewswire report and an 8-K filing with the U.S. Securities and Exchange Commission dated March 30, Bitmine said it now holds 4,732,082 ETH—an amount it described as roughly 3.92% of Ethereum’s total supply.
Source: Read the original article
