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BitMine Crypto Holdings Reach $11.5 Billion, Stakes Over 4.9 Million ETH
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
BitMine said its crypto, cash, marketable securities, and other investments reached $11.5 billion as of July 19. The company holds 5.78 million ETH, about 4.8% of Ethereum’s supply, with more than 4.9 million ETH staked through its staking operations. BitMine also repurchased 5.5 million shares under its buyback program and added 7,430 ETH during the past week. Investors will watch the company’s continued Ethereum accumulation and expansion of its staking business.
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