Bitmine Expands Ethereum Treasury to 5.42 Million ETH, Nears 5% Supply Target

01-Jun-2026 TronWeekly
BitmineBitmine has expanded its Ethereum treasury to more than 5.4 million ETH, bringing the company closer to its goal of controlling 5% of Ethereum’s total supply. The latest acquisition highlights growing corporate confidence in Ethereum despite ongoing price weakness, while staking operations continue generating yield and supporting long-term growth plans.
Also read: Strategy Sells Bitcoin for First Time in Years, Breaks the “Never Sell” Mantra
About Author Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc fermentum lectus eget interdum varius. Curabitur ut nibh vel velit cursus molestie. Cras sed sagittis erat. Nullam id ante hendrerit, lobortis justo ac, fermentum neque. Mauris egestas maximus tortor. Nunc non neque a quam sollicitudin facilisis. Maecenas posuere turpis arcu, vel tempor ipsum tincidunt ut.
WHAT'S YOUR OPINION?
Related News