BitMine Immersion Technologies announced that as of December 7, the company held 3,864,951 ETH, of which 138,452 ETH were added last week, up 156% from the weekly increase pace four weeks ago. Based on the disclosed price of $3,139/ETH, this week's holdings were increased by about US$435 million. BitMine currently holds about 3.2% of the total ETH supply, and the company said the target will advance to 5%. In addition to ETH, Bitmine also holds 193 BTC, 1 billion US dollars in cash, and 36 million US dollars in “moonshot” shares, with total assets of 13.2 billion US dollars.

BitMine Immersion Technologies announced that as of December 7, the company held 3,864,951 ETH, of which 138,452 ETH were added last week, up 156% from the weekly increase pace four weeks ago. Based on the disclosed price of $3,139/ETH, this week's holdings were increased by about US$435 million. BitMine currently holds about 3.2% of the total ETH supply, and the company said the target will advance to 5%. In addition to ETH, Bitmine also holds 193 BTC, 1 billion US dollars in cash, and 36 million US dollars in “moonshot” shares, with total assets of 13.2 billion US dollars.