NewsMV
Bitmine Immersion Technologies (BMNR) has accumulated 5.74 million $ETH tokens, equal to 4.8% of the total circulating supply of 120.7 million ETH, the company announced.
Total cryptocurrency and cash holdings now stand at $11.1 billion. The disclosure places Bitmine 95% of the way toward its stated "Alchemy of 5%" target — a threshold the company has approached in just 12 months.
A Treasury Strategy Built Around Supply Concentration The pace of accumulation is the detail that matters here.
Reaching 4.8% of a liquid, globally traded asset in 12 months signals a sustained, high-conviction treasury strategy rather than opportunistic buying.
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