Bitmine said it bought another 9,946 ETH over the past week, taking its total holdings to 5.7874 million ETH as of July 26. The company said that amount represents about 4.8% of Ethereum’s total circulating supply. It also disclosed that 4.9172 million ETH are currently staked, with a value of about $9.6 billion at current prices. Separately, Bitmine said the combined value of its crypto assets, cash and marketable securities has reached $11.8 billion. The update was released on July 27, according to BlockBeats.
Bitmine said it purchased another 9,946 ETH last week.
As of July 26, the company held a total of 5.7874 million ETH, equal to about 4.8% of Ethereum’s total circulating supply.
Bitmine also disclosed that 4.9172 million ETH are currently staked, worth about $9.6 billion at current prices. The company added that the total value of its crypto assets, cash and marketable securities stands at $11.8 billion.
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