Bitmine acquires 17,362 ether to push total holdings past 6 million ETH, The Block reports

CIE News ·

Bitmine has purchased 17,362 ether, lifting its total balance above 6 million ETH and securing more than 4.9% of the circulating supply, according to The Block.

Bitmine has acquired an additional 17,362 ether (ETH), bringing its total reserves above 6 million ETH, according to The Block. The purchase gives the firm ownership of more than 4.9% of the total circulating supply of ether. The Block reported that Bitmine's combined portfolio, which includes cryptocurrency holdings, cash, and other investments, carries an aggregate value of $17.2 billion.