18h ago
BitMine Surpasses 4 Million ETH, Now Holds About 3.37% of Supply
According to U.Today, BitMine's Ethereum treasury has exceeded 4 million ETH, representing roughly 3.37% of the total supply. The firm added over 500,000 ETH in the past 30 days and began its aggressive accumulation in early July 2025, while a Fundstrat outlook now projects ETH at $1,800–$2,000 in H1 2026, posing potential risks to its NAV.