Bitmine increases ETH holdings to 5.95 million tokens

Bitmine reported total holdings of $15.8 billion in crypto, cash, and securities. As of September 13, the company held 5,956,378 ETH, representing 4.9% of the total supply, with 5,067,309 ETH currently staked. Bitmine added 27,180 ETH over the past week. Chairman Thomas Lee noted that the strengthening ETH/BTC ratio reflects Ethereum's growing role as a settlement layer for tokenized assets on Wall Street.