Bitmine keeps buying Ether as ETH outperforms Bitcoin

CoinTelegraph·

Bitmine keeps buying Ether as ETH outperforms Bitcoin

60-second summary

Bitmine continues to aggressively accumulate Ether, purchasing nearly 10,000 ETH over the past week, bringing its total holdings to 5.79 million Ether, approximately 85% of which is staked through its validator operations, a significant move as ETH outperforms Bitcoin, fueling speculation about the company's long-term strategy and potential market implications for the Ethereum ecosystem.

The company added nearly 10,000 ETH over the past week, bringing its holdings to 5.79 million Ether, about 85% of which is staked through its validator operations.