Bitmine buys 101,627 ether worth over $230 million, its largest weekly haul of 2026
CoinDesk
Bitmine acquired over $230 million in ether, marking its largest weekly purchase of 2026 and bringing its total holdings to nearly 5 million ETH.Summary
BitMine Immersion Technologies (BMNR) has significantly accelerated its Ethereum accumulation, purchasing 101,627 ETH last week, valued at approximately $230 million. This acquisition represents the firm's largest weekly haul since December 2026, bringing its total treasury to 4.97 million ETH. Chairman Thomas Lee attributed the aggressive buying strategy to signs that the current "mini-crypto winter" is concluding. In addition to its ETH holdings, the firm maintains a diverse treasury including 199 bitcoin and $1.12 billion in cash. BitMine continues to prioritize staking, with 3.3 million ETH currently staked, generating roughly $221 million in annualized revenue.
(Source：CoinDesk)