Bitmine Stacks 101,745 ETH In 7 Days, Closes In On 5% Supply Target
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Bitmine has acquired a significant amount of ether, with reports ranging from 60,000 to over 100,000 eth, in a short period of time. The company's treasury has surpassed 5 million tokens, with some reports suggesting it now holds around 5.3 million eth. The exact amount and percentage of the total ethereum supply that bitmine holds is unclear, with estimates ranging from just over 3% to nearing 5%.
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