Wu Blockchain (@WuBlockchain): BitMine Adds 12,532 ETH as Management Signals Buying Is Largely Complete

BitMine Adds 12,532 ETH as Management Signals Buying Is Largely Complete BitMine said it acquired 12,532 ETH over the past week, bringing total holdings to 6,028,946 ETH, or about 4.9% of Ethereum’s 122.1 million supply. The company said it is 99% of the way toward its 5% accumulation target, with 5.07 million ETH currently staked. In its forward-looking disclosures, BitMine also noted management’s statement that the company is “largely finished buying ETH,” suggesting future purchases may slow as it approaches the target.