Bitmine Adds 63,539 Ethereum Worth $251.6M – Now Controls 2.73% of Supply
Ethereum is under selling pressure once again, testing a critical support level as the broader crypto market continues to struggle for bullish momentum. Altcoins are losing strength across the board, and growing concern among traders has fueled renewed talk of a potential bear market. The recent downturn has pushed Ethereum closer to its key technical […]
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BitMine Immersion has reportedly accumulated a staggering 319,000 ETH in just a single week. The massive purchase, worth over a billion dollars, underscores growing conviction in Ethereum’s long-term value among institutions and big players, tightening market liquidity. Could This Trigger An Ethereum Supply Crunch? In a move that highlights the growing institutional confidence in Ethereum, Paul Barron has mentioned on X that BitMine Immersion has just absorbed 319,000 ETH in a single week, which is equivalent to 0.26% of Ethereum’s total supply removed from circulation. Related....
BitMine, a publicly traded company renowned for its bold treasury strategy, has officially become the second-largest crypto treasury company in the world. The firm now holds more than $6.6 billion worth of Ethereum (ETH), totaling 1.52 million tokens — a staggering 1.26% of the total ETH supply. Related Reading: Ethereum Floods Exchanges As Bitcoin Remains […]
BitMine Immersion Technologies has added nearly $70 million worth of Ethereum to its holdings, pushing the company’s ETH stash to a value near $8.66 billion. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Based on reports, the purchases were made through Galaxy Digital’s over-the-counter desk and arrived in several chunks rather than a single block. Purchase Broken Into Four Tranches The recent buys were split into four settlements: 3,247 ETH ($14.50 million), 3,258 ETH ($14.6 million), 4,494 ETH ($20 million), and 4,428 ETH ($19.75 million). That....
Ethereum znów znalazło się w centrum uwagi. Gigant infrastruktury kryptowalutowej BitMine Immersion Technologies właśnie powiększył swój korporacyjny skarbiec o 23 823 ETH. Łacznie BitMine dokłada 104 mln USD w ETH do swojego skarbca. Zakup zrealizowany z portfela BitGo sprawił, że BitMine dysponuje już łącznie 2,83 miliona ETH o wartości około 12,4 miliarda dolarów, co czyni […]
BitMine hat mehr als zwei Millionen Ethereum im Wert von rund neun Milliarden Dollar angesammelt. Zusätzlich steckt die Firma 20 Millionen Dollar in ein Projekt von Sam Altman, das auf Worldcoin setzt. Damit baut BitMine seine Position als einer der größten Kryptoschatzhalter weltweit aus. Krypto ist kompliziert? Nicht unbedingt! BitMine Immersion Technologies zeigt gerade eindrucksvoll, […]