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BitMine Pushes Ethereum Stack Past 5.8 Million ETH with 7,391-ETH Buy
['Maheen Hernandez']
The Currency analytics
That purchase, worth roughly $14 million, pushed the company’s total Ethereum holdings to 5,805,238 ETH — a number that’s getting harder to ignore.
The company now controls roughly 4.8% of the total Ethereum supply, which sits at an estimated 120.7 million ETH.
BitMine has 5,067,309 ETH staked — that’s 87% of its total Ethereum holdings, up from 85% the prior week.
Beyond Ethereum, BitMine holds 209 bitcoins.
BitMine holds 5,805,238 ETH after purchasing 7,391 ETH this week, which represents approximately 4.8% of the total Ethereum supply estimated at 120.7 million ETH.