BitMine Accumulates 42,197 ETH as MemeToro's Presale Raises Over $80K

BitMine has increased its Ethereum holdings to 5.77 million ETH, making it the largest corporate Ethereum holder and second-largest corporate cryptocurrency treasury behind Strategy's Bitcoin position.

The company purchased another 42,197 ETH worth $73 million, taking its total holdings to approximately 4.8% of Ethereum's circulating supply, valued near $10.5 billion.

BitMine is not leaving its Ethereum idle, with nearly five million ETH staked and producing rewards that account for almost all the company's quarterly revenue.

On the other hand, MemeToro has raised over $80,000 during Stage 4 of its AI presale, which aims to create and trade trend-based memecoins using an AI agent.