- Bitmine holds 4.66M ETH, about 3.86% of supply, after accelerating weekly purchases above 65K ETH recently.
HOME > berkin bag > bitmine eth supply squeeze - Bitmine Boosts Ethereum Holdings to 4.6M ETH Amid Buying Spree
1. INTRODUCTION
2. KEY MOMENTS
3. ANALYSIS
bitmine eth supply squeeze - Bitmine Boosts Ethereum Holdings to 4.6M ETH Amid Buying Spree
Ethereum news broke as Bitmine Immersion Technologies raised its ETH holdings to 4.66 million, or 3.86% of the total supply. The firm added over 65,341 ETH in the past week. Staking 67% of its holdings, Bitmine earns $184 million annually in staking revenue, with potential to hit $272 million. Total assets now exceed $11 billion, backing its ETH price-focused treasury strategy.
? Key Moments of the Match
23' - First goal by John Doe (Home team).
45+2' - Equalizer from penalty spot.
67' - VAR review disallows goal.
89' - Last-minute winner! Incredible scenes.
?? Tactical Analysis & Player Ratings
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Home MVP: John Doe (9.2)
Away MVP: James Smith (8.7)