Bitmine Now Owns 4.8% of All Ethereum, 230,000 Tokens from a 5% Goal
Bitmine Immersion Technologies holds 5.81 million ETH tokens worth $11.6 billion, equal to 4.8% of total Ethereum supply, just 14 months into its accumulation.
Alexey Bondarev is a senior writer at Fathom, focused on enterprise AI. His beat is deployment: what companies actually buy, what they do with it once bought, and the distance between a signed contract and a working system. He covers automation and agents in the workplace, procurement and vendor competition, the pilots that quietly do not become rollouts, and the internal resistance and retraining that adoption involves. He is interested in the operational detail others skip, on the view that enterprise software is judged on integration and support rather than on capability, and that the most informative number in any enterprise AI story is how many seats are in genuine daily use. He also holds an editor role at Fathom and reviews copy before publication.
Bitmine Immersion Technologies holds 5.81 million ETH tokens worth $11.6 billion, equal to 4.8% of total Ethereum supply, just 14 months into its accumulation.
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Bitmine Immersion Technologies bought nearly 10,000 ETH on July 27, lifting its treasury to 5.79 million tokens and $11.8 billion in total crypto holdings.
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