2 sourcesTracking since 27 Jul, 15:42
Bitmine Nears Goal of Controlling 5% of Ethereum Supply With $11.8 Billion Treasury
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First seen27 Jul, 15:42Bitmine Nears Goal of Controlling 5% of Ethereum Supply With $11.8 Billion Treasury
The company says it now holds 5.79 million ETH, equal to 4.8% of the cryptocurrency's circulating supply, while expanding its staking operations and share buyback program.
Decrypt•Jason Nelson
Latest27 Jul, 15:47Bitmine nears 5% Ethereum supply control with $12B treasury
Bitmine's growing Ethereum control may heighten concerns over market centralization, potentially affecting price stability and regulatory scrutiny.
CryptoBriefing•Estefano Gomez