Market Flux Event

Bitmine Ethereum Treasury Reaches 5.81 Million ETH Worth $11.6 Billion After Latest Weekly Purchase

Bitmine added 7,391 Ether last week, bringing its total Ethereum holdings to 5.81 million ETH valued at approximately $11.6 billion. The latest purchase was notably smaller than many of the company's prior weekly buys, signaling a scaling back in the pace of accumulation even as the overall treasury continues to grow. The acquisition pushes Bitmine's crypto stash to one of the largest known corporate Ethereum positions by value.

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Sources

  1. CointelegraphUPDATE: BitMine added 7,391 $ETH last week, bringing its holdings to 5.81M $ETH .
  2. Seeking AlphaBitmine Ethereum holdings reach 5.81M as crypto stash hits $11.6B
  3. Crypto PotatoBitmine Tops 5.8 Million ETH Even After Scaling Back Its Latest Buy
  4. The BlockBitmine adds 7,391 ether in a week, bringing total Ethereum holdings to 5.81 million ETH