Bitmine's most recent disclosure shows that it holds 5.74 million ETH, roughly 4.8% of Ethereum's circulating supply.

BitMine continued its relentless accumulation of Ethereum while Bitcoin's biggest treasury firm parted ways with more of its holdings.

Bitmine added 42,197 ETH last week, boosting its Ethereum holdings to 5.74 million coins as total balance sheet assets surpassed $11 billion.