Digital asset treasury companies now hold more ETH than spot ETFs, with BitMine controlling nearly 5% of Ethereum's supply as DATs and ETFs

Bitmine expanded its ether treasury to 5.8 million ETH tokens as Tom Lee highlighted July's outperformance against the Nasdaq 100.

BitMine Immersion bought 10,399 more ETH, bringing total holdings to 5.8 million tokens, roughly 4.8% of all Ethereum supply, with $291M in