PANews reported on March 30th that, according to PR Newswire, Bitmine Immersion Technologies (BMNR) disclosed that it purchased 71,179 ETH last week, bringing itsPANews reported on March 30th that, according to PR Newswire, Bitmine Immersion Technologies (BMNR) disclosed that it purchased 71,179 ETH last week, bringing its
Bitmine purchased 71,179 ETH last week, bringing its total holdings to 4.732 million ETH.
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PANews reported on March 30th that, according to PR Newswire, Bitmine Immersion Technologies (BMNR) disclosed that it purchased 71,179 ETH last week, bringing its total holdings to 4,732,082 ETH, representing approximately 3.92% of the total ETH supply. Of these, 3,142,643 ETH are currently staked, amounting to approximately $6.3 billion at $2,005 per ETH. The company stated that its crypto assets, "moonshots" investments, and cash total approximately $10.7 billion, including 197 BTC, a $200 million investment in Beast Industries, a $102 million investment in Eightco Holdings (ORBS), and $961 million in cash. Bitmine stated that it has increased ETH staking through its self-developed staking platform MAVAN, with a long-term goal of acquiring 5% of the total ETH supply.
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