BitMine Expands Ethereum Holdings to 3.5 Million Tokens
- BitMine claims $13.2 billion in crypto, cash, and Eightco Holdings stake.
- The company added 110,288 Ethereum (ETH) over the past week.
- Total ETH holdings now stand at 3.5 million tokens, representing 2.9% of all ETH.
- Acquisitions are made via OTC desks to avoid market disruption.
- Institutional investors support BitMine’s Ethereum acquisition strategy.
BitMine continues its aggressive acquisition of Ethereum, now holding a significant portion of the total supply, supported by institutional backing and strategic OTC purchases to minimize market impact.
Source (3.2)https://cryptobriefing.com/bitmine-claims-significant-eth-holdings/?rand=59535