Bitmine Nears 5% Ethereum Goal After Adding Another 9,926 ETH

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Bitmine Nears 5% Ethereum Goal After Adding Another 9,926 ETH

The post Bitmine Nears 5% Ethereum Goal After Adding Another 9,926 ETH appeared first on Coinpedia Fintech News

Tom Lee-backed Bitmine Immersion Technologies is getting surprisingly close to one of the largest crypto treasury targets in the market: owning 5% of Ethereum’s total supply. After another weekly purchase, the company now holds about 5.82 million ETH, putting it roughly 96% of the way toward that goal. The bigger story, though, is what Bitmine …