Bitmine adds 7,391 ether in a week, bringing total Ethereum holdings to 5.81 million ETH
60-second summary
Bitmine recently acquired 7,391 ether, significantly increasing its Ethereum holdings to 5.81 million ETH, valued at approximately $11 billion. This substantial purchase underscores Bitmine's commitment to the Ethereum ecosystem, as it continues to accumulate a substantial portion of the total Ethereum supply, with potential long-term implications for the cryptocurrency's market dynamics and overall value.
Bitmine bought 7,391 ether last week, lifting its total Ethereum treasury to 5.81 million ETH, worth roughly $11 billion.