Bitmine’s Ether Holdings Reach 4.6M ETH, About 3.8% of Supply
Bitmine Immersion Technologies has accelerated the pace of its Ether purchases in recent weeks, chairman Tom Lee said Monday, following the company’s over-the-counter purchase of 5,000 ETH directly from the Ethereum Foundation. Lee said Bitmine added 60,999 Ether (ETH) over the past week, up from a recent weekly average of about 45,000 to 50,000 ETH.