Bitmine’s ETH Hoard: Because Who Needs a Piggy Bank When You Can Have a Blockchain?
In a Jan. 20 announcement that probably made their competitors weep into their coffee, Bitmine revealed their total holdings of crypto, cash, and “moonshot” investments clock in at a cool $14.5 billion. And guess what? The Ethereum pile alone is doing most of the heavy lifting, accounting for a whopping 3.48% of Ethereum’s circulating supply. That’s right-Bitmine is basically the Ethereum equivalent of a dragon sitting on a pile of gold, except the gold is digital and the dragon is a tech company.

