BitMine Acquires Additional ¥34.2 Billion Worth of Ethereum

Acquisition of an Additional 126,971 ETH

On August 8, the U.S.-based Ethereum treasury company BitMine announced that it had acquired an additional 126,971 ETH, valued at approximately ¥34.2 billion, over the past week.

As of June 7, their total holdings amounted to 5,543,872 ETH, which corresponds to 4.59% of Ethereum's total supply of 120.7 million ETH. They have now reached 92% of their target, known as the 'Alchemy of 5%'...