Bitmine Immersion Technologies Surpasses $11.8 Billion in Crypto Holdings and Becomes Largest Ethereum Treasury

Bitmine Immersion Technologies (BMNR) has achieved significant milestones in its Ethereum holdings and strategic expansion. The company now holds 4,874,858 ETH tokens, accounting for more than 4% of the total Ethereum supply.

This represents a historic level of ETH holdings, with Bitmine aiming to secure 5% of all ETH through its 'Alchemy of 5%' strategy. In just nine months, the company is already 81% of the way to this goal, having accumulated 81% of the desired amount.