Bitmine's Ethereum holdings surpass Coinbase, and the number of institutions holding over 100,000 ETH has increased to 7

According to Strategic ETH Reserve data, the total amount of ETH held by top institutions with reserves exceeding 100 ETH has surpassed 1.5 million ETH, reaching 1,587,281 ETH as of now, valued at approximately $4.984 billion. Among these, Bitmine's Ethereum holdings have surpassed Coinbase, ranking in the top five. The number of institutions holding over 100,000 ETH has increased to 7, which are: SharpLink Gaming (280,600 ETH), Ethereum Foundation (241,500 ETH), PulseChain Sac (166,300 ETH), Bitmine Immersion (163,100 ETH), Coinbase (137,300 ETH), Golem Foundation (101,200 ETH), and Bit Digital (100,600 ETH).