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BitMine Adds $73 Million in ETH, Pushing Holdings to 4.8% of Supply
FG
FOMOGRAM Editorial Desk
Aug 4, 2026
EXECUTIVE SUMMARY
BitMine purchased 42,197 ETH for approximately $73 million, increasing its total holdings to 5,742,237 ETH. This acquisition represents about 4.8% of the total ETH supply.
BitMine purchased 42,197 ETH for approximately $73 million, increasing its total holdings to 5,742,237 ETH. This acquisition represents about 4.8% of the total ETH supply.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
BitMine's substantial ETH acquisition signals strong institutional demand, potentially driving price upward.
BTC OVERALL MARKET INDEX: 34 / 100 (BEARISH)
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