CONNECT WITH US

Web3 & Blockchain

Bitmine Expands Ethereum Holdings to 5.67 Million ETH

Coinpedia - Blockchain logo

Published on

Bitmine Expands Ethereum Holdings to 5.67 Million ETH

The post Bitmine Expands Ethereum Holdings to 5.67 Million ETH appeared first on Coinpedia Fintech News

Bitmine acquired an additional 52,203 ETH over the past week, increasing its total Ethereum holdings to 5.67 million ETH, valued at approximately $9.8 billion and representing about 4.7% of Ethereum’s total supply. The company also reported total crypto, cash, and securities holdings of $10.7 billion. The expansion matters because it further strengthens Bitmine’s position as …



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Google Preferred Source