After Bitmine Increased Its Ethereum Holdings This Morning, Ethereum Treasury Companies Now Hold Over 3% of Total Circulating Supply
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According to a report by Jinse Finance, data from strategicethreserve shows that Ethereum treasury companies currently hold 3.7 million ETH, with 70 related entities in total. These entities collectively account for 3.06% of Ethereum’s total circulating supply. Earlier this morning, it was reported that Bitmine (BMNR) increased its holdings by another 135,000 ETH, bringing its total holdings to 1.297 million ETH.
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