TLDR: Bitmine Immersion now holds 4.066 million ETH, equal to about 3.37% of Ethereum’s total supply. Total crypto, cash, and strategic investments reached $13.2 billion, supported by $1 billion in cash. BMNR ranks among the most traded U.S. stocks, averaging $1.7 billion in daily trading volume. The company targets a 5% ETH supply share while…
Ethereum-focused digital asset treasury firm ETHZilla (ETHZ) on Froday sold about $40 million ether ETH$4,128.02 from its treasury, so far using some of the cash to repurchase shares of its own stock, the company said on Monday. Since the sale on October 24, the firm bought back around 600,000 shares for roughly $12 million. The…
Ether (ETH) is trading near record highs and bullish forecasts like Tom Lee’s $15,000 year-end target have put a spotlight on how investors can best gain exposure to ETH. Market context According to CoinDesk Data, ether, the second-largest cryptocurrency, is trading at about $4,783 at the time of writing, near its all-time highs, reflecting strong…