Bitmine Adds 71,252 Ethereum to Reach 4,803,334 ETH Holdings
The update says Tom Lee’s Bitmine increased its Ethereum position by 71,252 ETH last week, bringing total holdings to 4,803,334 ETH, valued at about $10.29 billion in the source.
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Terms & Concepts
Ethereum: A blockchain network that supports smart contracts (self-executing blockchain code) and decentralized applications.
ETH: The native cryptocurrency of Ethereum, used for network transactions and other on-chain activity.
Holdings: Assets owned by a company or investor, in this case a large Ethereum position.