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Bitmine announced it has reached 95% of its 5% global Ethereum supply target, holding 5.74 million ETH

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2 outlets - including Coinotag and Coin-turk - are covering this story. Ethereum News Bitmine Immersion Technologies has moved to within a fraction of controlling 5% of all Ethereum (ETH) in circulation, according to the company's investor-relations disclosure dated Ju...

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Bitmine Nears 5% of Ethereum Supply With 5.74 Million ETH Held
CoinOtag Jul 6, 16:30 UTC

Bitmine Nears 5% of Ethereum Supply With 5.74 Million ETH Held

Ethereum News Bitmine Immersion Technologies has moved to within a fraction of controlling 5% of all Ethereum (ETH) in circulation, according to the company's investor-relations disclosure dated Ju...

Bitmine announced it has reached 95% of its 5% global Ethereum supply target, holding 5.74 million ETH
CoinTurk News Jul 6, 16:20 UTC

Bitmine announced it has reached 95% of its 5% global Ethereum supply target, holding 5.74 million ETH

🟣 Bitmine holds 5.74 million ETH, now close to 5% of the global supply. 🟩 Most of the company’s $11.1 billion in assets comes from ETH, staked for passive revenue. 🔵 With ETH prices below $1,800, unrealized losses in $ETH have exceeded $…