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Ethereum Rallies Past $2,500 as Bitmine Expands Massive ETH Treasury

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitmine purchased 32,447 Ether last week, pushing total holdings to 4.8% of circulating supply.
  • The continued institutional accumulation coincides with Ether surging over 32% above $2,500 following macro tailwinds, significantly reducing treasury paper losses.
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ETHUSD price history

2520.99 +30.57% over the displayed period

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