Bitmine Immersion Technologies has crossed a milestone that is hard to ignore: the firm now controls 3.55% of Ethereum’s total token supply, putting it more than 70% of the way toward its self-styled “Alchemy of 5%” goal in just six months, according to company disclosures.
Digital Asset Firm Bitmine Deepens Ethereum BetBitmine Immersion Technologies now holds roughly 4.28 million ether, equivalent to 3.55% of ethereum’s circulating supply, a concentration that places the firm among the most influential single holders of the asset.
FAQ What percentage of ethereum does Bitmine own?Bitmine holds about 3.55% of Ethereum’s total circulating supply. How much ETH does Bitmine control?The company reports holdings of roughly 4.28 million ether. What is Bitmine’s “Alchemy of 5%” goal?It refers to Bitmine’s stated aim of owning 5% of all ETH in circulation. How quickly did Bitmine reach this level?The firm accumulated its current ethereum position in approximately six months.
