Bitmine Stakes $390M More ETH, Treasury Nears 5% of ETH

Merca2.es

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BitMine blocks 159,728 ETH plus and adds 5.23 million in stacking, 86.5% of its treasury. Tom Lee warns of correction and rubs 5% of supply. The entry BitMine adds 159,728 ETH to its record stacking and Tom Lee warns of a massive sale aparece primero en Merca2.

cryptodnes.bg

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Bitmine has accumulated about 6.04 million ETH, nearly 4.9% of the entire Ethereum supply, and has staked 86.5% of the reserve through staking, on-chain data shows.

coin-turk.com

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🚨 BitMine staked an additional 159,728 ETH coins, bringing the total to 5.23 million ETH. 📌 As of October 21, the company has allocated 86.5% of its Ethereum holdings to staking. 📊 This move comes as Ethereum has risen by 2.78% in the last 24 hours, reaching around $2,450. Read More: BitMine Continues to Stake 86.5% of its Ethereum Holdings The article "BitMine Continues to Stake 86.5% of its Ethereum Holdings" first appeared on COINTURK.

DiarioBitcoin

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Bitmine added another 159,728 ETH to the stacking, an operation valued at $390.6 million that raised to 86.5% the share of its treasury of ether put to work. The strategy brings the company associated with Tom Lee to its goal of owning 5% of the circulating supply, although it also leaves a greater part of its assets subject to Ethereum's exit queues.