Bitmine to Use Entire $177 Million Net Proceeds from Sale of ARK Invest Shares to Purchase Ethereum
Odaily Planet Daily reported that Bitmine has announced it will use all net proceeds—approximately $177 million—gained from the sale of its $182 million stake in ARK Invest to purchase Ethereum and deposit it into the company treasury. (Cointelegraph)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai
