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via Cointelegraph · By Cointelegraph Staff
Bitmine's Ether Holdings Reach 5.54M ETH After Latest Purchase
ETH
ETH/USDT
$2,689.86
+0.69%
$2,689.86
+0.69%
(24s)24h Volume
$10,847,642,024.05
24h H/L
$2,743.00 / $2,668.84
Change: $74.16 (2.78%)
Long/Short
60.3%
Long: 60.3%Short: 39.7%
Funding Rate
+0.0013%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(07:00 AM UTC)
1 min read
Bitmine Immersion Technologies increased its Ether holdings to 5.54 million ETH after acquiring nearly 127,000 tokens over the past week, bringing its treasury to 4.59% of Ethereum's total supply.
The company said it has now reached 92% of its stated goal of acquiring 5% of Ethereum's total supply, a strategy it calls the “Alchemy of 5%.” It added that 4.72 million ETH (ETH), or about 85% of its…
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