Community Articles
via Cointelegraph · By Cointelegraph Staff
Bitmine's Ether Holdings Reach 5.54M ETH After Latest Purchase
ETH
ETH/USDT
$1,880.53
+0.02%
$1,880.53
+0.02%
(24s)24h Volume
$1,781,010,209.25
24h H/L
$1,886.58 / $1,876.01
Change: $10.57 (0.56%)
Long/Short
66.8%
Long: 66.8%Short: 33.2%
Funding Rate
+0.0046%
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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