BitMine Further Boosts its ETH Holdings by $87.3 Million, Bringing Total Increase this Week to $229 Million
BlockBeats News, December 19, according to Arkham Monitor, two new addresses suspected to belong to BitMine, a major Ethereum holder, withdrew 88.73 million USD worth of ETH from FalconX this morning. The total amount of ETH held has now reached 229 million USD this week.
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Under financial pressure from AI investments, Microsoft offers voluntary severance packages to 60,000 employees, affecting departments such as Xbox and Windows
As of the end of June, Microsoft had a total of 223,000 employees worldwide. This latest round of measures involves more than one-quarter of the total workforce, covering departments such as Xbox, Windows, Copilot, and Finance. Positions related to data centers, sales, cybersecurity, and quantum computing are not included. A Microsoft spokesperson stated that the proportion of employees expected to accept the proposal is below 30%. Microsoft is scheduled to release its financial report on Wednesday, and the market is focused on whether its investments in AI have begun to yield quantifiable returns.

Sector Update: Financial
