By Michael Adeleke Key highlights: BitMine holds 4.9% of ETH’s total supply, and will stop at a 5% “hard cap.” It needs about 100,000 more ETH to reach the limit Tom Lee said the company is “done stacking” and will no longer need to raise money to buy the coin Ethereum treasury company BitMine Immersion […]
Tag: BMNR
Key highlights: Bitmine bought ETH worth $14.2 million last week, its smallest weekly buy of the year Total holdings are now 4.8% of Ethereum’s total supply The company repurchased 3 million shares last week Bitmine Immersion (BMNR) bought 7,391 Ethereum last week, worth $14.2 million based on the token’s price of $1,915 at the time. The […]
Key highlights: Bitmine staked 150,120 ETH after its new buy The company now has at least 5 million ETH locked in staking Bitmine controls 4.8% of Ethereum’s circulating supply Bitmine has expanded its Ethereum strategy again after staking ETH worth around $278 million. The move pushed its total staked Ethereum holdings to over 5 million […]