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Bitmine’s ETH holdings reach 5.98394 million, or 4.9% of supply

  • Bitmine Immersion Technologies reported holding 5,983,940 ETH.
  • The holdings represent 4.9% of Ethereum’s 122.1 million total supply.
  • Bitmine achieved 98% of its 5% Alchemy of ETH target in about 15 months.

Bitmine Immersion Technologies said its Ethereum holdings reached 5,983,940 ETH as of 20 in U.S. Eastern Time, equal to 4.9% of Ethereum’s total supply of 122.1 million ETH. The Nasdaq-listed company said it has reached 98% of its 5% Alchemy of ETH target in approximately 15 months while continuing to buy ETH. Tom Lee expects further gains for Ethereum.

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Bitmine’s ETH holdings reach 5.98394 million, or 4.9% of supply - CoinPost Terminal