🚨 BitMine’s Ethereum Holdings Cross $4M, Eyes 5% Supply Milestone 🚨
BitMine has expanded its Ethereum treasury to over $4 million, bringing it closer to its ambitious target of controlling around 5% of the total ETH supply.
📊 Why it matters:
This move highlights growing institutional conviction in Ethereum as a long-term strategic asset, alongside continued exposure to Bitcoin.
🔗 Big picture:
Building a meaningful ETH position signals confidence in Ethereum’s network growth, utility, and long-term relevance. That said, overall performance will still hinge on macro conditions, demand dynamics, and on-chain fundamentals.
Institutional accumulation remains a key trend to watch.
