Bitmine ETH Holdings Cross 5.2 Million—CEO Announces New Phase For Crypto Mar...
Bitmine Immersion (BMNR) said on Monday that its Ethereum (ETH) holdings have continued to climb, reaching 5 million tokens and getting closer to the company’s longer-term goal of owning 5% of the total ETH supply. The firm described the update as evidence that a “crypto spring” has begun, and used the announcement to reinforce why it believes ETH matters not only as an asset, but also as a form of diversification for investors. What’s In Bitmine Immersion’s Portfolio? According to Bitmine’s disclosure, the company controls more than 4.31% of ETH’s total supply of 120 million coins. The....
Related News
Publicly traded firm BitMine Immersion Technologies bought the crypto market dip over the weekend, as it bolstered its Ethereum (ETH) reserves by 202,037 ETH, propelling its total ETH holdings to beyond 3 million ETH. BitMine’s Total Ethereum Holdings Surpass 3 Million NYSE-listed Bitcoin (BTC) and Ethereum network company BitMine today disclosed that it had bought […]
Bitcoin (BTC) and Ethereum accumulation continues to accelerate amongst major crypto treasury companies, with Bitmine Immersion Technologies (BMNR) adding a new tranche to its substantial ETH holdings. According to the latest reports, Bitmine recently acquired more than 65,000 ETH, doubling down on its crypto strategy even as geopolitical tensions and weak investor sentiment weigh on […]
XRP transaction volume on the XRP Ledger surged 65% over the past twelve months — from 43 million to 71 million transactions — setting a new record that a digital asset treasury firm argues reflects something far more significant than speculative activity: measurable, institutional-grade utility arriving quietly on the ledger while most of the market is watching price charts. Related Reading: Bitmine ETH Holdings Cross 5.2 Million—CEO Announces New Phase For Crypto Markets The data was shared by Evernorth (@evernorthxrp), a purpose-built digital asset treasury focused on XRP, in a post on....
Ethereum treasury company Bitmine has expanded its holdings with another ETH acquisition, reaching 86% of the way to its 5% supply goal. Bitmine Accumulated 101,745 ETH Over The Past Week According to a press release, Bitmine has furthered its Ethereum accumulation over the past week. In total, the treasury company has added 101,745 ETH with […]
The Ethereum treasury company founded by Wall Street analyst Tom Lee is now underwater by more than $6.3 billion. Related Reading: Countdown To Clarity: Key US Crypto Bill Nears May Approval: CEO Bitmine paid an average price above $3,600 per ETH across its holdings, while Ethereum currently trades around $2,300 — a gap that has […]