🔥BitMine ramps up ETH accumulation, secures TOP1 ETH Treasuries

BitMine, led by Tom Lee, has announced it now holds 833,137 ETH (~$2.9B), up by more than 258K $ETH (~$942M) from previous levels.

This sharp increase firmly cements BitMine’s position at the top, well ahead of SharpLink with 499K ETH (~$1.8B). Remarkably, BitMine accumulated over 833K ETH in just 35 days, starting from zero.

Previously, ARK Invest showed confidence in BitMine by reducing its Coinbase holdings to invest in the company. BitMine’s long-term ambition: to control 5% of Ethereum’s total supply — over 6M ETH (~$22B).$ETH