BitMine Files SEC Disclosure for 53,501 ETH Treasury Purchase
BitMine disclosed a $131 million acquisition of 53,501 ETH in an SEC filing, adding Ethereum to its corporate treasury.
BitMine disclosed the acquisition of 53,501 ETH valued at $131 million in a filing with the Securities and Exchange Commission.
The purchase places Ethereum on the company's corporate balance sheet alongside any other digital-asset holdings.
Details still unknown
No information was provided on the source of funds used for the purchase, the custody arrangements for the ETH, any plans to stake the holdings, or intentions for future additions or reductions.