Bitmine Adds $135M in ETH, Closing In on 5% of Ethereum Supply

The Tom Lee-chaired former bitcoin miner turned Ethereum treasury company continues to increase its ETH holdings by purchasing over $135 million worth of the asset. Its total holdings have skyrocketed to 5,620,754 ETH, currently valued at around $10 billion, given the asset’s price today. This means that the company,...
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Strategy increases USD reserves by $100M to $1B for dividends

Strategy’s increased USD reserves highlight the need for sustainable capital generation to meet dividend obligations amid volatile Bitcoin investments. The post Strategy increases USD reserves by $100M to $1B for dividends appeared first on Crypto Briefing....
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