BitMine, identified as the largest Ethereum-focused crypto treasury firm, has increased its holdings to 4.17 million ETH, according to reports. The firm has indicated that further accumulation of Ethereum may be limited unless it receives shareholder approval to issue new equity. The development suggests a potential constraint on the company's ability to expand its Ethereum reserves in the future without additional capital or authorization.

BitMine, identified as the largest Ethereum-focused crypto treasury firm, has increased its holdings to 4.17 million ETH, according to reports. The firm has indicated that further accumulation of Ethereum may be limited unless it receives shareholder approval to issue new equity. The development suggests a potential constraint on the company's ability to expand its Ethereum reserves in the future without additional capital or authorization.