The post Tom Lee’s BitMine Increases Ethereum Holdings to 5.70M ETH appeared first on Coinpedia Fintech News
BitMine acquired an additional 27,084 ETH over the past week, increasing its total Ethereum holdings to 5.70 million ETH, or about 4.7% of the network’s total supply. The company also reported holding $555 million in cash and marketable securities, with 4.88 million ETH currently staked. Based on current holdings, BitMine projects annualized staking revenue of …