Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.85 Million Tokens, and Total Crypto and Total Cash Holdings of $14.9 Billion
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6 Articles
Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July
Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.85 Million Tokens, and Total Crypto and Total Cash Holdings of $14.9 Billion
Bitmine owns 4.8% of the total ETH coin supply of 120.7 million Bitmine is 97% of the way to the 'Alchemy of 5%' in just 14 months ETH gained 30% in the past...
Bitmine owns 4.8% of the total ETH money supply of 120.7 million Bitmine reached 96% of the "Alchemy of 5%" target in just 14 months In July, ETH exceeded the Nasdaq 100 of 2.
Key Points of ETH’s News Accumulation: Bitmine accelerated its weekly buying rate with an acquisition of 32,447 ETH worth $81 million, raising its treasury to 5.85 million tokens. Market momentum: Bitmine’s holdings now equal to 4.8% of Ethereum’s supply, while ETH rises by about 30% in a week. Stacking revenue: Bitmine has placed ETH’s stakes at 5.07 million, or approximately 87% of its treasury, projecting about $330 million in annualized reve…
BitMine Nears Massive Ethereum Milestone as ETH Holdings Reach 5.85 Million
The Tom Lee-chaired Ethereum accumulator has ramped up its ETH acquisitions amid the asset’s major price revival experienced last week. The company has acquired 32,447 tokens over the past week, and its total has skyrocketed to 5,847,611 ETH as of August 23. With Ethereum’s price jumping to $2,440 yesterday, this put the firm’s position at $14.3 billion – or about $3 billion higher than the previous week. 97% of the Way Taking into consideration…
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