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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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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source Cointelegraph

Published Aug 31, 2026 · 3:39 pm

Article ID ra0l3x2

Original URL Open source

Bearish -55.0

−100Neutral+100

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