BitMine Adds 126,971 ETH, Lifts Holdings to 5.54M and 4.59% of Circulating Supply

BitMine has expanded its Ethereum position by 126,971 ETH, taking total holdings to 5.54 million ETH. The company said it now controls about 4.59% of ETH's circulating supply, positioning it as the largest non-exchange institutional holder of the token. Following the latest purchase, BitMine's combined treasury—including digital assets and cash reserves—stands at $9.6 billion.