BitMine Immersion Technologies said it now holds more than 3.2% of the total Ethereum token supply, placing the company roughly two-thirds of the way toward its stated goal of acquiring 5% of all ETH in circulation. As of December 14, the company reports it held 3,967,210 ETH, following the addition of more than 102,000 tokens over the past week. Based on market prices at the time, BitMine’s ETH position alone represented a multibillion-dollar allocation. Crypto, Cash and “Moonshots” Reach $13.3B BitMin ...

BitMine Immersion Technologies, the top Ethereum treasury company ranked by holdings, announced that it purchased 138,452 ETH last week, or about $429 million worth based on the current price of the second-largest cryptocurrency by market cap. That brings the company’s ETH holdings to 3.864 million, or about $12 billion worth, along with 193 Bitcoin ($17.3 million worth) and $1 billion in cash. It’s the company’s largest Ethereum purchase in nearly two months, since buying over 200,000 ETH in a purchase ann ...