Bitmine Boosts Ethereum Holdings to 5.7M ETH, Joins Russell 1000

Bitmine Boosts Ethereum Holdings to 5.7M ETH, Joins Russell 1000

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Bitmine significantly expanded its Ethereum (ETH) treasury by adding 27,084 ETH last week, bringing its total holdings to 5.70 million coins, valued at $8.9 billion. This strategic accumulation, which helps the company achieve 94% of its 5% ETH supply target, occurred amidst a challenging weekly market slide and coincides with Bitmine's inclusion in the prestigious Russell 1000 index.

Bitmine Lifts Ethereum Treasury

Bitmine added 27,084 ETH last week, bringing total holdings to 5.70M coins worth $8.9B as the company hits 94% of its 5% ETH supply target.

The company also reportedly joined the Russell 1000 index, signaling significant corporate growth and mainstream recognition.