BitMine made another major purchase last week, absorbing nearly 97,000 ETH in one go, bringing their Ethereum inventory to over 3.72 million coins. Not only that, but they also have 192 Bitcoins on hand, along with an equity stake in Eightco Holdings worth $36 million, and a liquidity reserve of $882 million. This scale of configuration clearly shows an institutional-level player posture—betting on the long-term potential of ETH while maintaining a sufficient arsenal.
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BitMine made another major purchase last week, absorbing nearly 97,000 ETH in one go, bringing their Ethereum inventory to over 3.72 million coins. Not only that, but they also have 192 Bitcoins on hand, along with an equity stake in Eightco Holdings worth $36 million, and a liquidity reserve of $882 million. This scale of configuration clearly shows an institutional-level player posture—betting on the long-term potential of ETH while maintaining a sufficient arsenal.