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Article Cointelegraph

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

Cointelegraph August 31, 2026 · 3:39 pm Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH

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

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Article Info
Source Cointelegraph
Published Aug 31, 2026 · 3:39 pm
Article ID ra0l3x2
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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