Bitmine Announces Holdings of 1,866,974 ETH at $4,458 Per Coin
The company has disclosed a significant position in Ethereum, detailing both the quantity of the cryptocurrency held and its price.
ETH
Fact Check
The latest evidence from credible sources (CoinDesk, Yahoo Finance) confirms BitMine's holdings reached $8.1 billion. While the exact figures of 1,866,974 ETH and a price of $4,458 are not explicitly stated in the provided text, their product ($8.32 billion) is highly consistent with the reported total value. The evidence strongly corroborates the magnitude of the holding, making the statement substantially accurate.
- Reference: 1
Summary
No Summary provided as the original text is short
Terms & Concepts
- ETH: ETH, or Ether, is the native cryptocurrency of the Ethereum blockchain, used to facilitate operations on the network.