BitMine acquires $70M worth of Ether for treasury: on-chain data

BitMine acquires $70M worth of Ether for treasury: on-chain data

0 minutes, 24 seconds Read

Bitmine reinforces its standing as a leading Ethereum treasury holder.

BitMine acquires $70M worth of Ether for treasury on-chain data

Photo: Nick Chong

Key Takeaways

  • BitMine acquired $70 million worth of Ether (ETH) for its corporate treasury.
  • The purchase is part of BitMine’s strategy to accumulate Ethereum, especially during market dips.

BitMine, an Ethereum-focused digital asset treasury firm, acquired approximately $70 million worth of Ether for its corporate treasury today, according to on-chain data.

The acquisition reflects BitMine’s ongoing accumulation strategy during market fluctuations. The firm has continued

Read More

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *