Summary
- BitMine, the world's largest Ether (ETH) reserve company, said it bought an additional 10,452 Ether last week.
- BitMine's total Ether holdings now stand at 6.05 million, equal to 4.95% of total Ether supply.
- BitMine is using about 5.23 million of its Ether holdings for staking, with annual revenue projected at about $318 million.
Forecast Trend Report by Period
BitMine, the world's largest corporate holder of Ether, bought more of the token last week.
BlockBeats reported on October 26 that BitMine purchased an additional 10,452 Ether last week. That raised its total Ether holdings to 6.05 million, equal to 4.95% of total Ether supply.
BitMine is using about 5.23 million of its Ether holdings for staking. Based on its current staking position, the company is projected to generate about $318 million in annual revenue.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.