Crypto · Yahoo Finance
BitMine Immersion Technologies, Inc. (NYSE: BMNR ) is one of the best Ethereum stocks to buy now
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On April 13, BitMine Immersion Technologies, Inc. (NYSE:BMNR) announced that its Ethereum holdings had reached 4,874,858 ETH.
Key facts
- On April 13, BitMine Immersion Technologies, Inc. (NYSE:BMNR) announced that its Ethereum holdings had reached 4,874,858 ETH
- Over a month ago, on March 1, BitMine’s Ethereum treasury had 4.47 million ETH, a 3.71% supply share
- The company detailed that a huge portion of its Ether holdings, about 68% or 3,334,637 ETH, are staked through its Made in America VAlidator Network staking platform
- BitMine Immersion Technologies, Inc. (NYSE: BMNR ) is one of the best Ethereum stocks to buy now
Summary
BitMine Immersion Technologies, Inc. (NYSE: BMNR ) is one of the best Ethereum stocks to buy now. This revelation means that BitMine now holds 4.04% of Ethereum’s total circulating supply. According to the company, the newest acquisition means that it is closing on what it calls the “Alchemy of 5%.” This is BitMine’s long-term goal of owning 5% of the entire Ethereum supply, which means that the company is now 81% of the way toward that target. The company detailed that a huge portion of its Ether holdings, about 68% or 3,334,637 ETH, are staked through its Made in America VAlidator Network staking platform. Over a month ago, on March 1, BitMine’s Ethereum treasury had 4.47 million ETH, a 3.71% supply share.