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BitMine Adds 9,946 ETH, Holdings Reach 5.79M ETH
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Bitmine Immersion Technologies (BMNR) said its Ethereum holdings have reached 5.79 million ETH, representing about 4.8% of the total ETH supply. The company reported $11.8 billion in total crypto, cash, marketable securities, and other investments, including 4.92 million staked ETH valued at $9.6 billion. Bitmine also repurchased 6.1 million shares under its $4 billion buyback program and said it remains focused on acquiring 5% of Ethereum’s total supply.
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