Bitmine’s ETH holdings rose to nearly 1.95 million following a $358 million acquisition from Galaxy Digital and FalconX, marking a significant step in the firm's ongoing accumulation strategy.
Bitmine (BMNR) has added 80,325 ETH, valued at approximately $358 million, to its holdings, increasing its total ETH holdings to 1,947,299 ETH, or about $8.69 billion as of August 31. This acquisition was made possible through Galaxy Digital and FalconX, as part of Bitmine's continued strategy to expand its cryptocurrency assets.