BitMine made another announcement on Monday. Last week, it bought 8,573 $ETH , bringing its total holdings to just over 6.06 million, or about 4.9% of the total supply. Valued at $2,261 on November 1, according to the company, that stash is worth nearly $13.7 billion.
Of those, 5.22 million have already been staked. $ETH is currently hovering in the low $2,200s, and they keep adding to their holdings every week. I take this pace as a signal, but I’m not chasing the price.
Source: The Block, company announcements
#ETH
Of those, 5.22 million have already been staked. $ETH is currently hovering in the low $2,200s, and they keep adding to their holdings every week. I take this pace as a signal, but I’m not chasing the price.
Source: The Block, company announcements
#ETH