BitMine Aims to Acquire and Stake Up to 5% of Ether Supply Amid Strategic Treasury Expansion
The post BitMine Aims to Acquire and Stake Up to 5% of Ether Supply Amid Strategic Treasury Expansion appeared on BitcoinEthereumNews.com. BitMine Immersion Technologies has rapidly acquired over $2.1 billion worth of Ether, positioning itself as the largest corporate holder aiming to stake 5% of the total Ether supply. This aggressive accumulation surpasses other major players like SharpLink Gaming and the Ethereum Foundation, signaling a strategic shift in corporate crypto treasury management. According to COINOTAG, Tom Lee, BitMine’s chairman, emphasized the company’s commitment to becoming a dominant Ether stakeholder, stating they are “well on our way” to their ambitious goal. BitMine’s $2.1B Ether buyout sets a new benchmark in crypto treasury holdings, aiming for 5% of ETH supply and outpacing rivals like SharpLink and Ethereum Foundation. ‘, ‘
The post BitMine Aims to Acquire and Stake Up to 5% of Ether Supply Amid Strategic Treasury Expansion appeared on BitcoinEthereumNews.com.
BitMine Immersion Technologies has rapidly acquired over $2.1 billion worth of Ether, positioning itself as the largest corporate holder aiming to stake 5% of the total Ether supply. This aggressive accumulation surpasses other major players like SharpLink Gaming and the Ethereum Foundation, signaling a strategic shift in corporate crypto treasury management. According to COINOTAG, Tom Lee, BitMine’s chairman, emphasized the company’s commitment to becoming a dominant Ether stakeholder, stating they are “well on our way” to their ambitious goal. BitMine’s $2.1B Ether buyout sets a new benchmark in crypto treasury holdings, aiming for 5% of ETH supply and outpacing rivals like SharpLink and Ethereum Foundation. ‘, ‘
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