Bitmine Buys 9,946 Ethereum Tokens, Raising Treasury to 5.79 Million

cryptobusiness 9 posts · 9 accounts

Bitmine said it acquired 9,946 Ethereum tokens over the past week, bringing its total holdings to 5,787,414 ETH, representing roughly 4.8% of the circulating supply.

The acquisition advances the company's "Alchemy of 5%" program, placing it 96% of the way to its stated target. Bitmine has staked 4.9 million ETH and allocated cash from its $11.8 billion portfolio to repurchase 6.1 million BMNR shares under a previously authorized $4 billion buyback program.

From the sources (9 posts)

@wublockchain

BitMine Adds 9,946 ETH, Holdings Reach 5.79M ETH BitMine said it acquired 9,946 ETH over the past week, bringing total holdings to 5,787,414 ETH, or about 4.8% of the circulating supply. The company has staked 4,917,189 ETH, representing

@coinmarketcap

JUST IN: 💰 Bitmine bought 9,946 ETH over the past week, bringing its total holdings to 5,787,414 ETH — now representing 4.8% of the total Ethereum supply.

@lookonchain

Tom Lee(@fundstrat)'s #Bitmine bought 9,946 $ETH ($19.38M) last week. #Bitmine now holds 5,787,414 $ETH ($11.28B), with 4,917,189 $ETH($9.58B) staked.

@kalshi_crypto

JUST IN: Tom Lee's 'BitMine' buys $19M worth of Ethereum

@arkham

TOM LEE BOUGHT $20M OF ETH Tom Lee’s Bitmine bought $19.46M of ETH, and repurchased ~$100 Million of BMNR stock over the past week. He currently has $11.33B of ETH, or 4.8% of the circulating supply. He also holds $268M USD.

@coingecko

JUST IN: BitMine Immersion purchases another 9,946 Ethereum.

@theblockco

THE BLOCK: Bitmine added 9,946 ethereum:native in the past week, bringing its total Ethereum holdings to nearly 5.79 million tokens. The company also repurchased 6.1 million shares of $BMNR common stock under its previously authorized $4 b

@cointelegraph

🔥 BULLISH: Bitmine says it is 96% of the way to its “Alchemy of 5%” goal after increasing its $ETH holdings to 5.7874M.

@bitcoinnews

JUST IN: 📊 Bitmine announces total crypto and cash holdings of $11.8 billion, including 5.79 million $ETH tokens, 4.8% of the total ETH supply. Bitmine ranks as the #1 #Ethereum treasury globally, 96% of the way to its "Alchemy of 5%" goal

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