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Bitmine Is 187,000 ETH Away From Owning 5% of All Ethereum, And It Just Got a Lot Closer

CryptoNews·August 25, 2026·1 min read
Bitmine Is 187,000 ETH Away From Owning 5% of All Ethereum, And It Just Got a Lot Closer

Bitmine now holds $15 billion in Ethereum and is about 187,000 ETH short of its 5% supply target after another major purchase. The company's accumulation brings it closer to owning a significant portion of all ETH, potentially impacting market dynamics. The news was reported by Cryptonews.

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