BitMine Boosts Ethereum Reserves to $5.77 Billion

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BitMine, an Ethereum-focused treasury company, has added 135,135 ETH worth $600 million to its holdings. The purchase was made through three major institutional service platforms, FalconX Global, Galaxy, and BitGo. With this latest accumulation, BitMine’s total Ethereum reserves now stand at 1.297 million ETH, valued at $5.77 billion. This move highlights BitMine’s continued confidence in Ethereum as a core asset and strengthens its position as one of the largest institutional ETH holders.