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Bitmine Controls 4.8% of Ethereum Supply in Strategy Shift

CryptoDnes·August 10, 2026·1 min read
Bitmine Controls 4.8% of Ethereum Supply in Strategy Shift

Bitmine controls 4.8% of Ethereum supply, holding 5.8 million ETH worth $11.6 billion. The company nears its 5% accumulation goal while expanding staking and share buybacks. This strategy shift positions Bitmine as a major Ethereum holder, with its ETH stash representing a significant portion of the total supply.

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