2.6M ETH: BitMine buys the dip, builds a $10.9B treasury

BitMine, an Ethereum-focused company, has taken advantage of ETH’s recent slip below $4,000 to significantly expand its holdings. The firm disclosed on Sept. 29 that it purchased more than 200,000 ETH during the week, lifting its total to 2.6 million ETH. This stash, at current market prices, is valued at $10.9 billion and now represents The post 2.6M ETH: BitMine buys the dip, builds a $10.9B treasury appeared first on CryptoSlate.