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Bitmine Overtakes Marathon Digital as Second-Largest Crypto Treasury with $13.4B ETH, BTC Holdings

Ethereum treasury investor Bitmine Immersion Technologies (BMNR) has achieved a historic milestone, surpassing Marathon Digital to become the world’s second-largest crypto treasury holder. According to Bitmine’s official press release on October 6, the firm’s combined crypto and cash holdings now total 13.4billion,including2.83millionEthereum,13.4 billion, including 2.83 million Ethereum , 456 million in unencumbered cash, and minor Bitcoin and equity stakes. At current market prices of $4,535 per ETH, Bitmine’s Ethereum reserves are now wort ...