Bitmine Acquires 53,501 ETH, Expanding Holdings to 5.9 Million Ether

2026-09-01

Bitmine has purchased 53,501 Ether (ETH), marking its largest acquisition since June. This move increases the company's total ETH holdings to 5.9 million, representing 4.9% of the total supply according to Decrypt. Company Chairman Tom Lee highlighted crypto's strong third-quarter performance.

Source: CoinDesk

Reported by VERA Newswire.