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

Cointelegraph· Cointelegraph by Sam Bourgi· Aug 31, 2026 · 3:39 PM
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.

This is a summary. Read the complete story at Cointelegraph below.

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