Bitmine Boosts Ethereum Holdings Amid Price Decline
Bitmine has made its latest Ethereum acquisition, buying 28,086 ETH worth approximately $69.44 million, bringing its total holdings to 5,929,198 ETH valued at about $14.66 billion.
This represents around 4.9% of the total Ethereum token supply.
Meanwhile, Ethereum's price has fallen below $2,500, trading between $2,442.98 and $2,505.13 over the past 24 hours.