Ethereum treasury company BitMine Immersion Technologies (BMNR) continued its aggressive accumulation strategy last week by purchasing an additional 27,801 ETH, bringing its total holdings to 5.77 million ETH. At current market prices, the company’s Ethereum reserves are valued at approximately $10.3 billion, reinforcing BitMine’s position as one of the largest corporate holders of the cryptocurrency. The Las Vegas-based firm said the latest acquisition puts it 96% closer to its long-term objective of acquiring 5% of Ethereum’s circulating supply, a target it has pursued since shifting its corporate treasury strategy toward Ethereum just over a year ago. Over 4.
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