BitMine Holds over 2% of ETH Supply, Announces $365M Offering

BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion

BitMine now owns greater than 2% of the ETH token supply as it moves towards the 'Alchemy of 5%' BitMine Crypto + Cash Holdings + "Moonshots" total $11.4...

BitMine Immersion (BMNR) Announces ETH Holdings Exceed 2% of Ethereum Network With ETH Holdings Exceeding 2.4 Million Tokens and Total Crypto and Cash Holdings of $11.4 Billion - BlockTelegraph

BitMine now owns greater than 2% of the ETH token supply as it moves towards the ‘Alchemy of 5%’ BitMine Crypto + Cash Holdings + “Moonshots” total $11.4 billion, including 2.416 million ETH Tokens, unencumbered cash of $345 million, and other crypto holdings BitMine is the 24th most traded stock in the US, trading $3.5 billion per day (5-day avg) BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood…

BitMine Hits 2% Holdings of Total ETH Supply Target

BitMine Immersion Technologies reported on Monday that it had reached a milestone in terms of Ether holdings – 2% of the entire supply. According to the announcement, the company now holds a whopping 2,416,054 ETH worth around $10 billion at current market prices. This equates to 2% of the entire supply of Ether, which is 121 million tokens. BitMine’s longer-term target is 5% of the total supply, which would be around 6 million ETH. 40% Towards …

Analyst Says Ethereum Bounce Is Imminent As BitMine Continues To Accumulate

After losing the $4,450-$4,500 area during the recent market downturn, Ethereum (ETH) is attempting to hold a crucial level as support. Some analysts suggest that the leading altcoin is poised to bounce soon as crypto treasury companies continue to bet on the cryptocurrency. Ethereum Eyes Rebound Amid $4,100 Retest On Monday, Ethereum’s price dropped around 7% during the largest liquidation event of the year so far. Notably, the crypto market sa…

Ethereum Corporate Holder BitMine Now Holds Over 2% ETH Supply

BitMine Immersion has announced that it now owns over 2.4 million Ethereum (ETH), which is more than 2% of ETH total circulating supply The post Ethereum Corporate Holder BitMine Now Holds Over 2% ETH Supply appeared first on TheCoinrise.com.