BitMine this week purchased $61.36 million worth of Ethereum, surpassing MicroStrategy

Techub News, according to U.Today, BitMine purchased Ethereum worth $61.36 million this week, surpassing MicroStrategy's Bitcoin purchase of approximately $43 million during the same period. According to Arkham Intelligence data, MicroStrategy purchased Bitcoin at an average price of $80,340, marking its first Bitcoin acquisition after a two-week pause. Both companies are adopting aggressive digital asset accumulation strategies. MicroStrategy currently holds Bitcoin with a total value of $66.51 billion, while BitMine holds Ethereum worth $11.99 billion. This large-scale purchase reflects the ongoing institutional demand for cryptocurrency asset allocation.