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BitMine Adds 7,430 ETH to Holdings at 5.77M Total, Slows Purchase Pace on July 20

GateNews
On-Chain Data
BMNR2.07%
ETH3.54%
According to BitMine Immersion Technologies' official statement on July 20, the world's largest ETH holder added 7,430 Ethereum, bringing total holdings to 5.77 million ETH, representing 4.8% of total ETH supply. The company's combined digital assets, cash, and securities reached $11.5 billion. BitMine CEO Tom Lee attributed the slower purchase pace to concurrent share buybacks, averaging $15.62 per share for approximately 5.5 million common shares, down significantly from May's weekly average of over 111,000 ETH acquisitions.
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In-Depth Analysis

Bitmine Expands Ethereum Treasury to 5.78M ETH, Repurchases 5.5M Shares

Crypto Frontier07-20 14:03
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Zatochi69vip
· 11h ago
To The Moon 🌕
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Zatochi69vip
· 11h ago
To The Moon 🌕
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ShortingIsTheTrueBelief.vip
· 13h ago
the world’s biggest backstop
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