Bitmine grows treasury to 5.78M ETH as Ether outpaces Bitcoin
CoinTelegraph·
60-second summary
Bitmine is rapidly growing its Ethereum treasury, adding 7,430 ETH over the past week to reach nearly 5% of the network's circulating supply, totaling 5.78M ETH. This significant accumulation underscores Ether's outpacing of Bitcoin in recent market trends, with Ethereum's price surging in response to increased adoption and developer activity in the space.
The Ethereum treasury firm added 7,430 ETH over the past week, bringing its holdings to nearly 5% of the network’s circulating supply.