BitMine Doubles Ethereum Holdings to Nearly 2 Million ETH

Source of this Article
Coinpedia 2 months ago 211

BitMine Boosts Ethereum Reserves

The post BitMine Doubles Ethereum Holdings to Nearly 2 Million ETH ($3,037.25) appeared first on Coinpedia Fintech News

BitMine (BMNR), an Ethereum-focused microstrategy company, received 80,325 ETH ($358 million) from Galaxy Digital and FalconX, raising its total holdings to 1,947,299 ETH valued at $8.69 billion. This makes BitMine the largest holder of Ethereum, more than twice the holdings of the second-largest ETH holder, SharpLink. BitMine’s aggressive accumulation positions it as a dominant player in the Ethereum treasury space, supported by major institutional investors, aiming to capture a significant share of the Ethereum market.



Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Short Urls
Design By New Web | ScriptNet