On-Chain Data

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Bitmine Purchases $70M Ethereum, Holdings Reach 5.74M ETH

Bitmine purchased $70 million worth of Ethereum on Tuesday, continuing to expand the world's largest corporate ETH treasury. According to blockchain analytics platform Lookonchain, the company acquired 40,000 ETH across two wallet addresses, with funds transferred from hot wallets on FalconX and Kraken per Arkham Intelligence data. The purchase follows Bitmine's Monday disclosure revealing it acquired 42,197 ETH last week, lifting total holdings to 5.74 million tokens — approximately 4.8% of Eth
ETH-3.79%
CryptoFrontier·9h ago
Bitmine Purchases $70M Ethereum, Holdings Reach 5.74M ETH