💎 BitMine Expands ETH Holdings — Now Over 2.4M ETH in Treasury
Big move from BitMine (NYSE: BMNR) — the company just added 264,378 ETH to its reserves last week, bringing its total stash to an impressive 2,416,054 ETH. 🚀
📊 Current Portfolio Snapshot:
Ethereum (ETH): 2,416,054
Bitcoin (BTC): 192
Equity: $175M in Eightco Holdings (NASDAQ: ORBS) under its “Moon Plan” portfolio
Cash Reserves: $345M unrestricted
💡 Why it matters:
BitMine is doubling down on Ethereum as a core treasury asset, while keeping a mix of Bitcoin, equities, and cash.
This signals a long-term bullish stance on ETH’s role in Web3 infrastructure.
With institutions like BitMine accumulating, ETH’s position as the “digital oil” of blockchain continues to strengthen.
👉 Does BitMine’s heavy ETH allocation hint that more companies will choose Ethereum over Bitcoin for treasury diversification?
#Ethereum #ETH #BitMine #MarketTrends #Write2Earn @OroCryptoTrends
