TechFlow news, on September 25, according to on-chain analyst Ember (@EmberCN), Bitmine purchased 264,000 ETH (worth $1.2 billion) last week, bringing their total ETH holdings to 2.416 million. Based on the weekly增持 amounts they disclose and the average ETH price for each week, their average cost is approximately $4,016. The current spot market price of Ethereum ($4,010) has now fallen below Bitmine's holding cost.
SharpLinkGaming, which holds 838,000 ETH ($3.36 billion), still has a cost basis $400 higher. Their cost is $3,603.




