BitMine has increased its holdings of Ethereum, with reports suggesting the company now controls around 4.12% of the total Ethereum supply. The exact amount of Ethereum acquired by BitMine varies across reports, with some outlets stating the company bought 4.97 million or 4.98 million tokens, while others mention smaller purchases, such as 101,627 or 10,000 ETH. The acquisition is reportedly part of a larger effort by BitMine to expand its Ethereum treasury.