Bitmine nears 5% Ethereum supply control with $12B treasury
Covered by 2 sources · 2 articles
2 outlets - including Cryptobriefing and Decrypt - are covering this story. Bitmine's growing Ethereum control may heighten concerns over market centralization, potentially affecting price stability and regulatory scrutiny. The post Bitmine nears 5% Ethereum supply control with $12B treasury appeared first on Crypt…
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Bitmine nears 5% Ethereum supply control with $12B treasury
Bitmine's growing Ethereum control may heighten concerns over market centralization, potentially affecting price stability and regulatory scrutiny.
Bitmine Nears Goal of Controlling 5% of Ethereum Supply With $11.8 Billion Treasury
The company says it now holds 5.79 million ETH, equal to 4.8% of the cryptocurrency's circulating supply, while expanding its staking operations and share buyback program.