BitMine Approaches 4% of Ethereum Supply, Plans to Retain Holdings
According to BlockBeats, BitMine's Chairman Tom Lee announced that the company is nearing ownership of 4% of Ethereum's total supply. Lee emphasized that BitMine has been acquiring Ethereum at an accelerated pace and expressed confidence that the company will never sell these holdings. He noted that staking the Ethereum currently held by BitMine could generate over $1 million in net income daily.
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