BitMine boosts ‘alchemy of 5%’ plan with bold 82K ETH purchase
BitMine Immersion Technologies has risen in prominence within the financial technology sector as it holds the world's largest Ethereum treasury and the second-largest global crypto treasury, trailing only behind Strategy Inc. At the core of BitMine's business strategy is the ambitious "Alchemy of 5%," a pledge to acquire 5% of Ethereum's total supply, effectively becoming the institutional face of ETH investment. This strategic accumulation plan positions BitMine at the forefront of providing traditional market investors with exposure to cryptocurrency through its publicly-traded shares.