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BitMine Now Controls Nearly 5% of All Ethereum: What the $136M Treasury Expansion Means for Builders
ethereum

BitMine Now Controls Nearly 5% of All Ethereum: What the $136M Treasury Expansion Means for Builders

BitMine Immersion Technologies purchased 76,881 ETH worth $136 million in one week, pushing its holdings to 5.62 million tokens — nearly 5% of all Ethereum in existence. Here is what it means for developers and the network.
17 Jun 2026 4 min read
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