BMNR Stock in Spotlight as Bitmine Nears 5% of Ethereum Supply

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BMNR Stock in Spotlight as Bitmine Nears 5% of Ethereum Supply

The post BMNR Stock in Spotlight as Bitmine Nears 5% of Ethereum Supply appeared first on Coinpedia Fintech News

BMNR stock remains in focus after Bitmine increased its Ethereum holdings to 5.67 million ETH, valued at approximately $9.8 billion, following the purchase of 52,203 ETH during the week ended June 22. The company’s total crypto, cash, and investment holdings have reached $10.7 billion, while 4.72 million ETH is currently staked, generating projected annualized staking …