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

Cointelegraph Ethereum·August 31, 2026·1 min read
Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH

Bitmine now controls 4.9% of Ethereum supply after adding 53,500 ETH, extending its buying streak to 65 consecutive weeks. The firm has maintained its accumulation strategy through a prolonged crypto downturn, despite facing $5.1 billion in paper losses on its holdings.

Read at Cointelegraph Ethereum
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