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"In just a week, BitMine increased its ETH holdings by $2.0 billion to $4.96 billion (from 833,137 to 1.15 million tokens), lightning speed in the company's pursuit of the 'alchemy of 5%' of ETH ...

BitMine Immersion Technologies (BMNR) Monday announced holdings of ETH exceeding $4.96 billion, sending shares up over 11% in premarket trading.

ETH making a comeback ETH has seen a mixed year so far, falling from around $3,685 in January to a low of $1,470 on April 9, before rallying more than 163% to its current price of $3,870.