4 days ago

Bitmine Slows Ether Buys After Acquiring 1M ETH in 2026

TLDR Bitmine reduced its weekly ether purchases after months of rapid accumulation in 2026. The company bought 26,659 ETH last week, worth about $63 million at current prices. Bitmine now holds more than 5.2 million ETH, which equals about 4.31% of Ethereum’s circulating supply. Tom Lee said the firm slowed buying as it approached its [...]

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