BitMine has enhanced its Ethereum treasury by acquiring an additional 10,320 ETH, bringing its total holdings to 2.07 million ETH, valued at approximately $8.94 billion. This purchase, completed through Galaxy Digital OTC transfers, follows a massive $358 million single-day buy, emphasizing BitMine’s aggressive accumulation strategy. Overall, Ethereum treasuries from over 70 entities now reach 4.91 million ETH, indicating strong institutional interest in ETH. Companies like SharpLink and Ether Machine are also expanding their reserves, reflecting a growing trend among firms to stockpile Ethereum as a strategic asset, with total reserves now valued at $21.29 billion.
BitMine boosts Ethereum treasury with $45m as holdings near $10b
