POPA ReconBitmine completes additional purchase of Ethereum.
Bitmine completes additional purchase of Ethereum. Added 9,946 ETH, bringing holdings to 5.79 million ETH (approximately 4.8% of supply). The total cryptocurrency + cash volume reaches $11.8 billion. When the ETH price is about $1,880, ETH assets alone exceed $10.8 billion, exceeding the stock's market capitalization of about $9.5 billion. Aggressive accumulation of financial assets suggests strong ETH confidence and NAV premium potential, but if things go the other way, it is not very good. #bitmine
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