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🚀 Bitmine Adds Another 76,881 ETH
🔸 Bitmine purchased an additional 76,881 ETH (~$135M) last week, increasing its total holdings to over 5.6 million ETH (~$10B).
🔸 The company now controls approximately 4.66% of Ethereum's total supply.
🔸 Bitmine also raised around $274M through a preferred stock offering with a 9.5% annual dividend.
🔸 Chairman Tom Lee plans to use staking rewards generated from the company's ETH holdings to help fund dividend payments for preferred shareholders.
As corporate ETH accumulation accelerates, Bitmine continues to strengthen its position as one of the largest institutional holders of Ethereum.
#daily/ $BTC $ETH