The post BitMine Becomes World’s Largest ETH Holder appeared first on Coinpedia Fintech News
BitMine, led by Tom Lee, has announced that it now holds more than 833,000 ETH valued at $2.9 billion, making it the largest Ethereum treasury globally. Over the past 35 days, BitMine (BMNR) aggressively grew its ETH reserves with a goal to control 5% of the total supply and generate yield through staking. Backed by investors like Bill Miller III, Cathie Wood, and Founders Fund, it is aiming for a leading role in the Ethereum ecosystem.