Bitmine Purchases 26,497 ETH Worth $53.07M Last Week, Holdings Rise to 5.42M

ETH-0.72%
According to a company statement, Bitmine purchased 26,497 ETH, worth approximately $53.07 million, last week. With this latest acquisition, the company's total Ethereum holdings have risen to 5,416,901 ETH, representing approximately 4.49% of the total circulating Ethereum supply. Bitmine also reported over 4.71 million ETH currently in staking and announced a goal to control more than 5% of the Ethereum supply by year-end.
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