Bitmine adds $53M in ETH in past week

Bitmine (BMNR) announced it purchased an additional 26,497 ETH, worth approximately $53.07 million, last week. The acquisition brings the company's total holdings to 5,416,901 ETH, accounting for 4.49% of the total supply. Bitmine is currently staking over 4.71 million ETH and plans to secure more than 5% of the total ETH supply by the end of the year.