Bitmine Adds $50M in Ethereum, Approaches 5% Supply Goal; Robinhood Chain Gains Momentum
Bitmine Immersion Technologies has acquired an additional $50 million worth of Ethereum (ETH), increasing its total holdings to 5.77 million ETH valued at $10.2 billion and nearing a target of owning 5% of the entire ETH supply. The company is also generating significant staking revenue through its validator network, MAVEN. Meanwhile, Robinhood Chain's Layer-2 mainnet has launched on Arbitrum with over $1 billion in trading volume within days.
Tickers: $ETH
Topics: Bitmine Immersion Technologies Ethereum Layer-2 mainnet Robinhood Chain staking rewards