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BITMINE BUYS $470M IN ETH, NOW HOLDS 1.3M ETH BitMine has purchased an additional $470 million worth of Ethereum today, bringing its total holdings to 1.3 million ETH. The company now controls 1% of the entire circulating supply, cementing its position as one of the largest ETH https://t.co/kjmToh2Gyq https://t.co/oeAbB8pXfx
🚨 BIG: Ethereum Foundation-linked wallet sold 7,294 ETH after buying 33,678 $ETH at $1,193 in 2022. https://t.co/clX3u01BfG
JUST IN: BITMINE HAS PURCHASED ANOTHER $470M WORTH OF ETH TODAY, BRINGING ITS TOTAL HOLDINGS TO 1.3 MILLION ETH. THE COMPANY NOW CONTROLS 1% OF THE ENTIRE CIRCULATING SUPPLY. Source: @Cointelegraph https://t.co/NdRepAvDYt https://t.co/pmw8zjphMj
BitMine has rapidly expanded its Ethereum holdings, acquiring approximately 1.3 million ETH valued at around $5.75 billion as of August 16, 2025. The company purchased $470 million worth of ETH on that day alone, bringing its total to about 1% of the entire circulating supply. This accumulation occurred over the past 34 days, reflecting a strategic institutional move amid retail sell-offs. Separately, Sharplink Gaming has reportedly acquired over $3 billion in Ethereum since May 2025. Meanwhile, an Ethereum Foundation-linked wallet recently sold 7,294 ETH after previously buying 33,678 ETH at $1,193 each in 2022.
