BitMine Immersion Technologies, Inc. (AMEX:BMNR) is aggressively investing in Ethereum (CRYPTO: ETH), with its current holdings far exceeding those of the network’s co-founder, Vitalik Buterin.
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World’s Biggest Ethereum Reserve
The company revealed holding 833,133 ETH tokens, worth nearly $3.0 billion, on Monday, making it the world’s largest Ethereum treasury and the third-largest cryptocurrency treasury overall.
Interestingly, Ethereum’s co-founder Buterin owns far fewer ETH than this. According to blockchain analytics firm Arkham, the wallet tied to Buterin holds 240,042 ETH as of this writing, roughly a quarter of BitMine’s holdings.
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