Bitmine Ethereum Treasury Tops 6 Million ETH After Another Weekly Purchase
Summary
Bitmine reported holdings of 6,041,481 ETH as of October 18, after buying 12,535 ETH in the prior week. The company says its ETH represents about 4.9% of circulating supply, with more than five million tokens staked. Its broader portfolio of crypto assets, cash, securities and other investments was valued at about $15.1 billion. The disclosure highlights Bitmine’s large Ethereum position, while shareholder returns also depend on ETH prices, financing and the company’s equity valuation.
