Bitmine's $16.4B Ethereum Stash Now Holds Nearly 5% of All ETH
Bitmine adds 15,112 ETH, lifting its treasury to 6.016 million tokens worth $16.4 billion, with 84% staked and projected annual revenue of $363 million.
Bitmine adds 15,112 ETH, lifting its treasury to 6.016 million tokens worth $16.4 billion, with 84% staked and projected annual revenue of $363 million.
Bitmine’s Ethereum treasury has surpassed 6 million ETH after a weekly purchase of 17,362 tokens, bringing it close to its 5% supply target.
Bitmine added 27,562 ETH, lifting its holdings to nearly 6 million tokens, with more than 5 million ETH staked as it approaches its 5% supply goal.
Bitmine bought 28,086 ETH worth about $69.4 million, lifting its holdings to 5.93 million tokens as it approaches its 5% supply target.
Bitmine purchased another 53,501 ETH, lifting its holdings to 5.9 million tokens as the company approaches its goal of owning 5% of Ethereum’s supply.
Bitmine buys 32,447 ETH worth $81 million, lifting its Ethereum treasury to $14.6 billion and moving closer to its 5% supply target.
BitMine slowed its Ethereum purchases last week after prioritizing a share buyback, but still holds 5.78 million ETH, nearly 5% of the cryptocurrency's circulating supply.
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