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Bitmine Increases ETH Holdings to 5.28 Million, Up 73,200 in Latest Week

GateNews
On-Chain DataStocks
ETH-3.84%

According to BlockBeats, Bitmine Immersion Technologies (NYSE: BMNR) announced on May 18 that it raised its ETH holdings to 5.28 million, worth approximately $12.6 billion. The position now represents 4.37% of Ethereum’s total supply of 120.7 million ETH, bringing the company 87% toward its goal of holding 5% of all ETH. Currently, 4.71 million ETH are staked, valued at roughly $10.3 billion at ETH’s price of $2,191.

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