Track the evolution of major financial and economic events
On February 23, Bitmine increased its Ethereum holdings to 4.42 million ETH, controlling 3.66% of the total circulating supply. By March 2, the holdings rose to 4.47 million ETH, representing 3.71% of the total supply. On March 9, the company further increased its treasury to 4.535 million ETH, despite the ongoing 'mini-crypto winter'.
The Bitcoin market is facing challenges amid ETF dynamics and price fluctuations. US spot Bitcoin ETFs recorded five consecutive weeks of net outflows, totaling $3.8 billion during this period. Last week alone saw $315.9 million leaving the ETFs, pushing Bitcoin's price down to around $67,349, leaving buyers approximately 20% underwater relative to previous cost bases.
