BitMine Adds $92M in Ethereum, Reaching 4.7% of ETH Supply
BitMine added $92 million in ETH last week and now holds more than 4.7% of Ethereum circulating supply. The firm said the purchase brings BitMine to 94% of its 5% supply goal. BitMine also raised about $274 million through a preferred equity offering to acquire more Ethereum and build staking infrastructure.
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