by: xpoolPosted on:

BitMine Buys Over $130 Million in Ethereum Amidst Market Dip

BitMine has acquired approximately 28,650 ETH worth roughly $130 million, increasing its total Ethereum holdings to 1.174 million ETH. This move brings BitMine’s Ethereum portfolio to an estimated $5.26 billion, positioning it among the largest corporate Ethereum holders. Blockchain data from Arkham, shared by Lookonchain, indicates that the transaction was completed through OTC (over-the-counter) channels before being transferred into BitMine’s secure WalletSimple storage.

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