Bitmain (BMNR) Purchases Additional $53.07 Million Worth of ETH Last Week... "Aiming to Secure 5% of Supply Within the Year"
Bitmain (BMNR) has carried out an additional purchase of Ethereum (ETH), bringing its holdings to 4.49% of the total supply. Bitmain announced that it purchased
What to know
- Bitmain (BMNR) has carried out an additional purchase of Ethereum (ETH), bringing its holdings to 4.49% of the total supply. Bitmain announced that it purchased
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Bitmain (BMNR) has carried out an additional purchase of Ethereum (ETH), bringing its holdings to 4.49% of the total supply.
Bitmain announced that it purchased an additional 26,497 ETH (approximately $53.07 million) last week. With this purchase, Bitmain's total Ethereum holdings increased to 5,416,901 ETH.
It was found that Bitmain is currently staking more than approximately 4.71 million ETH out of its holdings. The company has set a goal to secure over 5% of the total Ethereum supply within this year and is continuing its aggressive portfolio expansion.