BitMine Adds 9,926 ETH as Holdings Reach 5.82M ETH

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The post BitMine Adds 9,926 ETH as Holdings Reach 5.82M ETH appeared first on Coinpedia Fintech News

BitMine acquired 9,926 ETH over the past week, bringing its total holdings to 5,815,164 ETH, or about 4.8% of Ethereum’s total supply. The company has staked 5,067,309 ETH, roughly 87% of its holdings, with estimated annualized staking revenue of about $250 million. BitMine also repurchased 1.7 million shares during the week, taking cumulative buybacks since …