"Ethereum holdings by reserve companies surpass 3% of total supply… BitMine purchases an additional 135,000 ETH"
Minseung Kang
Summary
- It was reported that global Ethereum reserve companies now hold over 3% of the total circulating supply.
- It's been disclosed that approximately 70 global companies currently hold a total of 3.7 million ETH (3.06%).
- It was stated that BitMine increased its total ETH holdings to 1,297,000 ETH by purchasing an additional 135,000 ETH.
The amount of ETH held by global companies stockpiling Ethereum (ETH) has now surpassed 3% of the total circulating supply.
According to cryptocurrency-specialized media BlockBeats on the 16th, the holdings of so-called 'Ethereum (ETH) reserve companies,' including global listed firms, recently surpassed 3% of the total circulation. On this day, market data provider strategicethreserve stated that about 70 companies currently hold a total of 3.7 million ETH, accounting for 3.06% of the total supply of Ethereum.
According to the report, BitMine purchased an additional 135,000 ETH early that morning, bringing its total holdings to 1,297,000 ETH.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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