MarketPR
Bitmine Immersion Technologies (BMNR) announced that its Ethereum holdings have reached 5.74 million tokens — equal to 4.8% of the 120.7 million-token total $ETH supply — while total crypto and cash holdings now stand at $11.1 billion.
The accumulation puts the company 95% of the way toward its self-described "5% Alchemy" target, a threshold it has nearly closed within 12 months.
Where the Tokens Sit The supply arithmetic is straightforward: 5.74 million ETH against a total outstanding supply of 120.7 million.
That concentration makes Bitmine one of the largest single corporate holders of $ETH on record by percentage of circulating supply.
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