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Home›Crypto›Ethereum›Bitmine buys another $81M in Ethereum as ETH outperfor…

Bitmine buys another $81M in Ethereum as ETH outperforms Bitcoin

The company is about 187,000 ETH short of its stated goal to hold 5% of total supply.

Reported · Written up by our desk · Ethereum

According to Decrypt, Bitmine has purchased an additional $81 million worth of Ethereum as ETH has been outperforming Bitcoin.

The outlet said the latest buying brings Bitmine to a position roughly 187,000 Ethereum below its stated target of holding 5% of total supply.

Latest closeBitcoin $78,937.03 ▲1.5%|Ethereum $2,474.63 ▲0.4%

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Sources

DecryptBitmine Buys Another $81M in Ethereum as ETH Outperforms Bitcoin

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