Bitmine increased its holdings by 32,977 ETH last week, worth $104 million.

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PANews reported on January 5th that, according to OnchainLens monitoring, Bitmine purchased 32,977 ETH (worth $104 million) last week. Currently, they hold a total of 4,143,502 ETH, with a total value of $13.08 billion.

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Bitmine will transfer its listing to the NYSE main board and expand its share buyback program to $4 billion.
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Strategy currently has a paper loss of $4.729 billion, while Bitmine has a paper loss of $7.202 billion.
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Bitmine increased its holdings by 71,252 ETH, bringing its total holdings to 4.803 million ETH.
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Analysis: Ethereum appears undervalued after underperforming Bitcoin for five years; the interplay between recovery and structural weakness intensifies.
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A new wallet, suspected to belong to Bitmine, received 40,000 ETH from FalconX.
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Bitmine purchased 45,000 ETH through BitGo, worth approximately $95.3 million.

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