Bitmine Expands Ethereum Holdings Significantly Following Recent Acquisition

Community Trust Score Verified 93 % Real Verified 30 votes Updated 57 seconds ago Bitmine Immersion Technologies just bought another massive chunk of Ethereum. The company picked up 12,532 ETH last week at $2,544 per token — roughly $31.9 million — pushing its total holdings to 6,028,946 ETH. The acquisition of 12,532 ETH by Bitmine Immersion Technologies highlights the increasing consolidation of Ethereum ownership among a small number of entities, which can influence market dynamics and investor sentiment.

Source: The Currency Analytics