BitMine Acquires 5 Million ETH, Marking a Major Milestone in 2026
BitMine, the largest Ethereum treasury firm by holdings, has acquired 5 million ETH, valued at approximately $11.75 billion, marking a significant milestone. The company added 101,901 ETH in the last week, including a 10,000 ETH OTC purchase from the Ethereum Foundation. BitMine's chairman, Tom Lee, expressed confidence in Ethereum's future despite its current price being below its all-time high.
Topics: BitMine cryptocurrency ETH accumulation Ethereum treasury firm