WorldPingTom Lee's Bitmine Adds $70 Million in Ethereum, Holdings Reach 5.93 Million ETH
The company says it holds roughly 4.9% of Ethereum’s supply, with most of its tokens staked to earn rewards.
Brief by WorldPing · Original reporting by Decrypt
WorldPingBitmine now controls about 5.93 million ETH, worth about $14.8 billion, putting it within touching distance of its 5% ethereum supply goal.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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WorldPingThe company says it holds roughly 4.9% of Ethereum’s supply, with most of its tokens staked to earn rewards.
Brief by WorldPing · Original reporting by Decrypt
WorldPingBitmine bought 28,086 ETH, boosting its treasury to 5.93 million tokens worth $14.8 billion and representing 4.9% of Ethereum’s total supply.
Brief by WorldPing · Original reporting by The Block
WorldPingWhile Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingDeFi Development Corp's CHAD is a Variable Rate Series C perpetual preferred stock, with an initial annual dividend rate of 13%.
Brief by WorldPing · Original reporting by The Block