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Ethereum Cointelegraph

BitMine gobbles over $2B in ETH in 16 days amid treasury arms race

Chairman of BitMine’s board of directors, Tom Lee, said the company wants to acquire and stake at least 5% of the total Ether supply, which would be over 6 million Ether.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

BitMine gobbles over $2B in ETH in 16 days amid treasury arms race

Chairman of BitMine’s board of directors, Tom Lee, said the company wants to acquire and stake at least 5% of the total Ether supply, which would be over 6 million Ether.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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