BitMine added 17,362 $ETH during the week ending September 27, taking its Ethereum treasury to 6,001,302 ETH, worth about $16.1 billion at the company’s reported valuation.
That represents roughly 4.9% of Ethereum’s 122.1 million ETH supply. The latest purchase was smaller than the previous week’s 27,562 ETH, but it still pushed BitMine across the 6 million ETH milestone.
BitMine reported 5,067,309 ETH staked, around 84% of its holdings, with its total crypto, cash, marketable securities and other investments reaching $17.2 billion.
The company is also targeting ownership of 5% of Ethereum’s supply, leaving roughly 104,000 ETH to reach that target based on the current supply figure.
#Ethereum #ETHBlockchain #Altcoin Season#
That represents roughly 4.9% of Ethereum’s 122.1 million ETH supply. The latest purchase was smaller than the previous week’s 27,562 ETH, but it still pushed BitMine across the 6 million ETH milestone.
BitMine reported 5,067,309 ETH staked, around 84% of its holdings, with its total crypto, cash, marketable securities and other investments reaching $17.2 billion.
The company is also targeting ownership of 5% of Ethereum’s supply, leaving roughly 104,000 ETH to reach that target based on the current supply figure.
#Ethereum #ETHBlockchain #Altcoin Season#