Search results for Made in America Validator Network
Crypto
Bitmine holds 4.49% of total Ethereum supply, slows buying pace
Bitmine, an Ethereum treasury company, has sharply slowed the pace of additional Ethereum purchases over the past week. As of May 31, it held 5,416,901 ETH, equal to 4.49% of Ethereum’s total supply of 120.7 million ETH. Weekly acquisitions fell to 26,497 ETH from 111,942 ETH a week earlier. The company has highlighted a goal of reaching 5% ownership, which its chairman said could be achieved in 2026.
Crypto
BitMine holds 4.47% of ether supply, buys 111,942 ETH in a week
BitMine Immersion Technologies bought an additional 111,942 ETH over the past week, a purchase worth 370 billion yen, raising its ether holdings to 5,390,404 ETH, equal to 4.47% of the total supply. The company valued its holdings at about $11.5 billion using an ETH price of $2,134. It is also increasing staking, with 4,712,917 ETH staked as of May 25 and an annualised yield of 2.75%.
Crypto
Tom Lee says crypto market spring has finally arrived; BitMine speeds up ETH buying
U.S.-listed BitMine Immersion Technologies has increased its ether holdings to 5.18 million tokens, equal to 4.29 percent of total supply, and added 101,745 ETH in the past week. As of May 3, it held 200 bitcoin, stocks in Beast Industries and Eightco Holdings, cash and other assets totaling $13.1 billion. BitMine runs an in-house staking platform and had staked more than 4.36 million ETH.
