Bitmine, a cryptocurrency investment company, has continued to accumulate Ether, adding nearly 10,000 ETH to its holdings over the past week.
This recent purchase brings Bitmine's total Ether holdings to 5.79 million, with approximately 85% of these holdings staked through the company's validator operations, as reported by CoinTelegraph.
Ether's performance has been notable, particularly in comparison to Bitcoin, prompting Bitmine's continued investment in the cryptocurrency.