BitMine Acquires $470M in Ethereum, Now Holds 1% of Supply

BitMine has significantly increased its Ethereum holdings by purchasing an additional $470 million worth of ETH. This acquisition boosts BitMine's total Ethereum holdings to 1.3 million ETH, representing 1% of the entire circulating supply. The move underscores BitMine's strategic investment in Ethereum as the cryptocurrency market continues to evolve.

ETH -2.12%

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