Bitmine Buys $139M Ether, Nears 5% Supply
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Bitmine Immersion Technologies has significantly increased its Ether holdings, now totaling over four million tokens, nearing 3.86% of the circulating supply. Despite cryptos recent slump, the company expects Ethers value to rebound, citing positive signs like Congresss progress on the Clarity Act and Ethers performance amid Iranian tensions. With over three million Ether staked and substantial cash reserves, Bitmine is now the second-largest Ether holder, as the race for Ether dominance intensifies.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/bebd2138f08e3634