Community Articles
via Cointelegraph · By Cointelegraph Staff
Bitmine's Ether Holdings Reach 5.54M ETH After Latest Purchase
ETH
ETH/USDT
$2,457.52
-2.33%
$2,457.52
-2.33%
(24s)24h Volume
$9,790,796,009.58
24h H/L
$2,532.21 / $2,431.61
Change: $100.60 (4.14%)
Long/Short
60.1%
Long: 60.1%Short: 39.9%
Funding Rate
+0.0029%
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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