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Market News>Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH

Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH

Bitsfull2026/09/01 13:0019626

Summary:

Bitmine has bought Ether for 65 consecutive weeks, maintaining its accumulation strategy through a prolonged crypto downturn and $5.1 billion in paper losses.

Bitmine extends 14-month ETH buying pace as Ether breaks above $2.5K

Aug 24, 2026
Sam Bourgi

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