BitMine holds over $6.612 billion in cryptocurrency, ranking second globally

According to reports, BitMine Immersion Technologies (BMNR) has announced that its cryptocurrency reserves have exceeded $6.612 billion. This includes 1,523,373 Ethereum (ETH) and 192 Bitcoin (BTC). The ETH reserve increased by $1.7 billion from last week, with an addition of 373,000 coins. BitMine currently holds the largest Ethereum reserves in the world and ranks as the second-largest cryptocurrency reserve globally, only behind Strategy Inc (MSTR). The company's goal is to hold 5% of the total global ETH supply and is supported by top institutional investors including ARK, Founders Fund, and Pantera. Additionally, BMNR's average daily trading volume reaches $6.4 billion, making it the tenth most liquid stock in the United States.