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Ethereum Price Forecast: BitMine lifts holdings to 4.8 million ETH, says outperformance could extend

From fxstreet.com

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) increased its stash of the top altcoin following another round of weekly acquisition. The Las Vegas-based firm purchased 71,252 ETH last week, slightly higher than the previous week and its largest weekly purchase since December. As a result, BitMine now holds 4.803 million ETH, strengthening its position as the largest publicly traded Ethereum treasury. From that figure, BitMine deployed an additional 191,994 ETH into staking contracts last week, bringing its total staked assets to 3.33 million ETH, which is 69% of its entire ETH stash. The firm said ... (full story)

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