BitMine acquires $65 million worth of ETH via Galaxy Digital
NaveeCryptoo
Updated at: 2 hours ago
{"content":"BitMine acquires $65 million worth of ETH via Galaxy Digital: onchain data
Bitmine received 14,665 $ETH via Galaxy Digital earlier on Wednesday.
The ETH treasury firm currently holds over 1.74 million ether, worth around $7.7 billion, making it the largest corporate holder of ether.
BitMine Immersion Tech acquired $64.7 million worth of
ETH +1.15%
through Galaxy Digital, signaling a further expansion of its crypto treasury.
Arkham Intelligence data shows that the digital asset treasury firm received 14,665 ETH across six transactions made earlier on Wednesday through Galaxy's over-the-counter trade wallet address.
Although the company has not officially confirmed any new acquisitions since late August, on-chain data indicates it is working towards its goal of acquiring 5% of ETH's total supply.
The ETH treasury firm currently holds over 1.75 million ether, worth around $7.7 billion, making it the largest corporate holder of ether, Arkham data shows. Its current holdings represent approximately 1.44% of the cryptocurrency's total supply.","images":[],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}