Bitmine Purchases Over 50,000 ETH Last Week

2026/02/24 13:48 (Updated 2026/02/24 14:01)

CoinPost

Written by K.Kobayashi

Bitmine Purchases Over 50,000 ETH Last Week

Ethereum Acquisition Report

Bitmine Immersion Technologies, a financial firm dealing in the cryptocurrency Ethereum (ETH), announced on the 23rd that it had purchased an additional 51,162 ETH last week.

As of the 22nd, this acquisition has increased its Ethereum holdings to 4,422,659 ETH, now accounting for 3.66% of the current Ethereum supply. The company aims to reach a holding of 5% of the total supply.

This announcement is part of Bitmine's regular updates. Last week's purchases were already evident from on-chain analysis...

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