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BitMine Substantially Slows Down Ethereum Purchasing Pace to a Quarter of Its Usual Volume Last Week

2026/05/12 09:07
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Written by L.Kikutani
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BitMine Substantially Slows Down Ethereum Purchasing Pace to a Quarter of Its Usual Volume Last Week

Weekly ETH Purchases Capped at 26,000 Coins

BitMine Immersion Technologies (BMNR) announced on May 11, 2026, that its Ethereum (ETH) holdings had reached 5,206,790 ETH, equivalent to 1.9 trillion yen. Notably, the company has significantly reduced its weekly purchasing pace of ETH, which previously exceeded 100,000 coins per week, to about 26,000 coins as of the latest report...

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Iolite Vol.20

Iolite Vol.20

July 2026 issueReleased on 2026/05/29

Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.

MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.