BitMine acquired 7,430 ETH over the past week, increasing its total holdings to 5,777,468 ETH, or about 4.8% of Ethereum’s total supply. The company has staked 4.92 million ETH, equal to roughly 85% of its holdings, and repurchased 5.5 million shares at an average price of $15.62. Total crypto, cash, and other investments reached $11.5 billion. Investors will watch whether BitMine continues expanding its Ethereum holdings and staking strategy.
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