Bitmine ramps up Ether buys, pushes holdings toward 5% of total supply

Bitmine ramps up Ether buys, pushes holdings toward 5% of total supply

2.74%LINK$9 2.60%DOGE$0.09274 1.96%ADA$0.2403 1.01%BTC$73,238 2.99%XLM$0.1532 1.60%SOL$83.96 2.02%XRP$1.35 1.62%BCH$429.30 1.93%ETH$2,261 2.98%HYPE$43.57 6.38%TRX$0.3207 0.42%BNB$608.22 2.29%USD Written by Nate Kostar,Staff WriterReviewed by Robert Lakin,Staff EditorBitmine ramps up Ether buys, pushes holdings toward 5% of total supply1 hour agoWhile others refrain from boosting their Ether holdings, Bitmine's latest purchase gives it ownership of about 4% of total supply as the company expands its staking strategy. Bitmine Immersion Technologies said Monday that it purchased 71,524 Ether over the past week, bringing its total holdings to about 4.87 million tokens. The company said the position represents roughly 4.04% of the total Ether (ETH) supply, based on about 120.7 million tokens outstanding, as it continues to pursue a target of acquiring up to 5% of global supply. Its balance sh

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