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Hamza Ahmed

BitMine says it holds 5.21M ETH worth $13.4B, aiming for 5% share by Dec 2026

BitMine Immersion Technologies says it holds 5.21 million ETH valued at $13.4 billion, equal to 4.3% of Ethereum's circulating supply. The company disclosed the position in May 2026 and set a goal to reach 5% of supply by December 2026. The report also outlines potential staking and concentration-risk implications if a single corporate holder expands its share.
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