BitMine Lifts ETH Treasury to 6.02 Million With Smallest Buy Since Mid-August

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BitMine acquired 15,112 ETH from September 28 to October 4, bringing its treasury to 6,016,414 tokens, worth an estimated $41.2 million at $2,726 per unit. This was the smallest weekly purchase since August 16, when the company added 9,926 ETH. The treasury now represents 4.9% of the total ETH supply of 122.1 million, versus its 5% target. BitMine also executed the largest equity buyback by any crypto treasury company, having repurchased 21 million of its own shares this year.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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