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Bitmine Acquired 12,535 Ethereum Over The Past Week

Bitmine Acquired 12,535 Ethereum Over The Past Week

Bitmine Acquired 12,535 Ethereum Over The Past Week
Bitmine Acquired 12,535 Ethereum Over The Past Week

Bitmine Immersion Technologies (NYSE: $BMNR) acquired another 12,535 Ethereum (CRYPTO: $ETH) over the past week.

The world’s largest corporate owner of Ethereum now owns 6,041,481 ETH, equal to 4.9% of the cryptocurrency’s circulating supply of 122.1 million digital tokens.

BitMine’s Ethereum holdings are currently worth $14.3 billion U.S. based in the current price of the cryptocurrency. The company has a stated goal of owning 5% of ETH’s circulating supply.

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In a statement, Bitmine said that it has reached 99% of its goal, having bought Ethereum every week since launching its crypto treasury strategy on…

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