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Bitmine buys nearly 10,000 ETH, boosting holdings to $11.2B and shares rise 5%.
Bitmine acquired 9,946 ETH last week, increasing its total Ethereum reserves to 5,787,414 ETH worth $11.2 billion, nearing 5% of Ethereum's circulating supply. The company’s shares rose over 5% to around $16 following the purchase. Executive Chairman...
Smaller crypto exchanges close as liquidity and users shift to major players like Binance amid tighter rules.
The crypto exchange industry is consolidating as smaller platforms like BitMEX and BitMart shut down due to tighter regulations, higher compliance costs, and declining liquidity. Capital and trading activity are increasingly concentrating around a fe...
BitMine adds nearly 10K ETH, boosting holdings to 5.79M ETH amid bullish Ethereum outlook.
BitMine recently acquired 9,946 ETH, increasing its total Ethereum holdings to 5.79 million ETH, which is about 4.8% of the circulating supply. The company has staked 85% of its holdings to earn steady returns through Ethereum's proof-of-stake system...
