Bitmine reports $11.8B in crypto and cash, holds 5.79M ETH (4.8% of total supply)
Bitmine said its combined crypto and cash holdings total $11.8 billion, including 5.79 million ETH—about 4.8% of Ethereum's total supply. The company said it is now the world's largest Ethereum treasury and is 96% of the way toward its "Alchemy of 5%" target. Bitmine added that 4.9 million ETH is currently staked.