BNB$751.06+0.62%BRENT$98.06+0.93%BTC$78,541+0.32%COPPER$6.76+2.47%DJI$52,876-1.01%DOGE$0.0901+0.84%DXY98.82-0.36%ETH$2,484+0.25%GOLD$4,398-0.15%NDX$29,590+0.16%SILVER$66.3+0.25%SOL$103.46+0.45%SPX$7,696-0.30%US10Y4.78+0.00%VIX15.41+6.06%BNB$751.06+0.62%BRENT$98.06+0.93%BTC$78,541+0.32%COPPER$6.76+2.47%DJI$52,876-1.01%DOGE$0.0901+0.84%DXY98.82-0.36%ETH$2,484+0.25%GOLD$4,398-0.15%NDX$29,590+0.16%SILVER$66.3+0.25%SOL$103.46+0.45%SPX$7,696-0.30%US10Y4.78+0.00%VIX15.41+6.06%
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Bitmine Acquires 28,000 ETH, Nears Treasury Goal Completion

Key takeaways

  • Bitmine has purchased 28,000 ETH, achieving 97% of its goal to hold 5% of Ether's supply, despite facing a $5.1 billion unrealized loss.
#Ethereum#Bitmine#Treasury Management

Analysis

Bitmine has purchased 28,000 ETH, achieving 97% of its goal to hold 5% of Ether's supply, despite facing a $5.1 billion unrealized loss.

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