TechFlow news, on September 29, BitMine announced its ETH holdings have reached 2.6509 million, accounting for more than 2% of ETH's total supply. Combined with 192 bitcoins, $436 million in cash, and other assets, the total holding value amounts to $11.6 billion. The company is currently the largest institutional holder of ETH globally, and its stock BMNR has become the 26th most actively traded stock in the United States, with an average daily trading volume of $2.6 billion. Company Chairman Thomas Lee stated that they will continue pursuing their goal of holding 5% of ETH.
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