Bitmine bought over 40,000 ETH in the past week, holding 3.58% of the total supply.

PANews reported on February 9th that, according to PR Newswire, Bitmine stated it acquired 40,613 ETH in the past week. Bitmine's total staked ETH amount to 2,897,459 , with a total value of $6.2 billion. As of February 8th, its cryptocurrency holdings included 4,325,738 ETH at $2,125 each; 193 BTC; $200 million worth of Beast Industries shares; $19 million worth of Eightco Holdings (NASDAQ: ORBS) shares; and a total of $595 million in cash. Bitmine's Ethereum holdings represent 3.58% of the total Ethereum supply.

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Large investors who bought ETH during the market rebound on February 6th have liquidated their positions, incurring a loss of $239,000.
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