Ethereum
Bitmine Slowed ETH Buys to Smallest Weekly Pace Since June 2025
The Defiant·July 20, 2026·1 min read
Bitmine, the largest corporate ether holder, slowed its ETH buying to the smallest weekly pace since June 2025. The company redirected capital to a share repurchase program. Bitmine now holds 5.78 million ETH, which is 96% of the way to its Alchemy of 5% target. The reduced buying pace signals a strategic shift.
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