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Bitmine Increases Ethereum Holdings by 9,613 ETH, Worth $45 Million

The Ethereum treasury company now holds approximately $7 billion in ETH, according to Arkham monitoring data.

ETH

Summary

Bitmine, an Ethereum treasury company, has increased its holdings by 9,613 ETH, valued at about $45 million, bringing its total ETH holdings to around $7 billion, as reported by Arkham monitoring.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions and executing smart contracts.
  • Ethereum Treasury: A strategy used by companies or organizations to hold large amounts of Ethereum (ETH) for long-term investment or operational purposes.