EconomyBitMine nears 5% Ethereum target as stock valuation shapes next move

BitMine Immersion Technologies said it held 6,001,302 ETH on Sept. 28, leaving 103,698 tokens to reach its stated goal of owning 5% of Ethereum’s supply, at an estimated cost of $279.8 million. The company must weigh further ETH purchases against liquidity, share buybacks and staking income.

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CCryptoSlate★★☆☆☆2026-09-29 11:20Original