CryptoThe Blockabout 1 hour ago
Bitmine Buys 9,587 ETH to Hit 5% Target
2 min read
Bitmine acquired 9,587 ETH worth $20.3 million last week, reaching 6.07 million tokens valued over $12.9 billion. This purchase brings the firm to 4.97% of Ethereum's circulating supply, nearly hitting its 5% goal. The company now holds 5.23 million staked tokens worth $11 billion, projecting $359 million in annualized rewards.
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