The post Bitmine holds $4.96B in ETH, Making it the 3rd-Largest Crypto Treasury appeared first on Coinpedia Fintech News
Bitmine owns the world’s largest Ethereum reserve valued at approximately $4.96 billion, making it the third-largest crypto treasury overall. The company has rapidly accumulated a vast amount of ETH, surpassing many public firms, and has a significant stake in the Ethereum ecosystem. Bitmine’s strategy focuses on long-term holding and benefits from Ethereum’s growing role in decentralized finance and staking. This sizable reserve highlights Bitmine’s strong conviction in Ethereum’s future and its expanding presence in the crypto treasury landscape.