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Bitmine Buys 12,500 Ethereum (ETH) for $33.65M From BitGo

COINOTAG·October 7, 2026·1 min read
Bitmine Buys 12,500 Ethereum (ETH) for $33.65M From BitGo

Bitmine purchased 12,500 Ethereum (ETH) for $33.65 million through BitGo, raising its holdings to 4.9% of the 122.1 million total supply. The acquisition brings the firm close to its 5% ownership target, signaling continued institutional accumulation of the second-largest cryptocurrency.

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