Daily Market Updates: Bitmine extends ETH buying pace as Ether moves above $2,500

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Bitmine extends ETH buying pace as Ether moves above $2,500

Cointelegraph reports Bitmine is nearing its long-stated accumulation target after extending a 14-month ETH buying pace.

Reported · Written up by our desk · Ethereum

Ether’s move back above the $2,500 level has revived attention on corporate holders of the asset, with Cointelegraph highlighting Bitmine’s ongoing ETH accumulation.

The outlet said Bitmine has extended a 14-month buying pace and is now nearing its long-stated accumulation target, as Ether’s breakout shifted market focus to corporate ETH treasuries.

Latest closeEthereum $2,474.63 ▲0.4%

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CointelegraphBitmine extends 14-month ETH buying pace as Ether breaks above $2.5K

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Bitmine extends ETH buying pace as Ether moves above $2,500

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