BitMine acquired an additional 27,084 ETH over the past week, increasing its total Ethereum holdings to 5.70 million ETH, or about 4.7% of the network’s total supply. The company also reported holding $555 million in cash and marketable securities, with 4.88 million ETH currently staked. Based on current holdings, BitMine projects annualized staking revenue of approximately $211 million. Investors will watch for further ETH accumulation and updates on the company’s staking performance.
The post Tom Lee’s BitMine Increases Ethereum Holdings to 5.70M ETH appeared first on Coinpedia Fintech News BitMine acquired an additional 27,084 ETH over theThe post Tom Lee’s BitMine Increases Ethereum Holdings to 5.70M ETH appeared first on Coinpedia Fintech News BitMine acquired an additional 27,084 ETH over the
Tom Lee’s BitMine Increases Ethereum Holdings to 5.70M ETH
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Gold Price Stages Resilient Recovery, Nears $4,650 Amid Market Uncertainty
BitcoinWorld Gold Price Stages Resilient Recovery, Nears $4,650 Amid Market Uncertainty Global gold markets demonstrated remarkable resilience on Thursday, with
Share
bitcoinworld2026/04/02 17:25
Meta Restricts Engineers' Use of Claude Code And Codex Over Model 'Distillation' Concerns
Meta Restricts Engineers' Use of Claude Code And Codex Over Model 'Distillation' Concerns Meta Platforms has instructed engineers in its Applied AI
Share
ZeroHedge2026/06/30 02:20
Analysts Say Don’t Panic: Micron and Sandisk Are a Buy After the Google TurboQuant Selloff
TLDR Micron and Sandisk shares fell sharply after Google revealed its TurboQuant algorithm, which compresses AI memory use by at least 6x Investors feared TurboQuant
Share
Coincentral2026/04/02 21:35
