BitMine Surpasses 5% of Total Ethereum Supply
BitMine has made significant strides in acquiring Ethereum (ETH), nearing 5% of the total supply after purchasing $19M worth of ETH.
This move positions BitMine as the largest corporate holder of ETH, marking a notable milestone in the company's investment strategy.
The purchase is part of BitMine's efforts to diversify its holdings and expand its presence in the crypto market.