U.S. BitMine Purchases an Additional 60,000 ETH Anticipating the End of the 'Mini Crypto Winter'

Ongoing Weekly Purchases of ETH

On the 9th, U.S. BitMine announced that its cumulative holdings of Ethereum (ETH) as corporate reserves reached 4,534,563 ETH.

In the past week alone, the company purchased an additional 60,976 ETH, accelerating its acquisition pace in what it views as a favorable market.

This continued purchasing has brought the company's holdings to 3.76% of the total Ethereum supply, while the difference between the average acquisition cost and the current price has resulted in unrealized losses of approximately 1.2 trillion yen.