BitMine Immersion (BMNR) has announced its holdings of over 283,000 ETH, accounting for more than 2% of the total Ethereum supply. The company's combined cryptocurrency and cash reserves have reached $13.4 billion, including $456 million in unencumbered cash. BitMine is recognized as the largest holder of ETH globally and ranks 28th in U.S. trading volume, with an average daily trading volume of $2.5 billion. Chairman Thomas Lee highlighted Ethereum's significant impact on Wall Street and artificial intelligence, aligning with the company's ambition to acquire 5% of the total ETH supply.
BitMine Immersion Holds 283,000 ETH, Total Reserves Hit $13.4 Billion
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