5 million ETH in 10 months! BitMine strikes hard and bets big on Ethereum, despite volatility.
Ethereum dropped below $2,300 as Bitcoin rejected $79K, triggering liquidations, weak altcoin momentum and renewed pressure on ETH.
Consensys and Ethereum co-founder Joe Lubin has joined DeFi United, pledging up to 30,000 ETH to help restore rsETH backing following a bridge incident that rattled the protocol on April 18. Key Takeaways: Consensys and Ethereum stewards like Joe Lubin committed up to 30,000 ETH to DeFi United's rsETH recovery effort on April 27, 2026.
A crypto whale moved $225M in USDC across exchanges, bought 32,007 ETH on Binance, then withdrew it, signaling strong spot accumulation.
Bitmine acquired approximately 101,901 ETH last week at $2,369 per unit, its largest weekly purchase since December 2025. The company's total holdings reached 5.078 million ETH, equivalent to 4.21% of Ethereum's total supply. The firm's complete portfolio amounts to $13.3 billion in crypto assets and cash, with 3.7 million ETH already staked.
BitMine has secured ETH directly from the Ethereum Foundation, but those deals are just a fraction of its massive accumulation strategy now reshaping the market.
Bitmine Immersion Technologies (BMNR) announced on April 27 that it acquired 101,901 ETH during the preceding seven-day period, worth approximately $236 million based on prevailing market rates. This acquisition elevated the company's aggregate ETH reserves to 5,078,386 tokens.
Consensys and Joseph Lubin pledge up to 30K ETH to DeFi United's rsETH rescue stack, shoring up Aave and DeFi after Kelp DAO's $293M exploit left deep collateral holes.
BitMine Immersion Technologies now holds over 5 million ETH, following the leading Ethereum treasury firm's biggest buy since December.
In the ongoing cycle, the Ethereum staking ecosystem is experiencing one of its most significant activities yet, setting new records in the number of ETH staked across the cryptocurrency sector. After a period of increased staking, the Ethereum Foundation is showing reduced interest in ETH staking with the firm's most recent unstaking move on Sunday.
Bitmine Immersion Technologies now holds 5,078,386 ETH, crossing the 5 million token threshold and pushing its share of the total Ethereum supply to 4.21%. Key Takeaways: Bitmine (NYSE: BMNR) holds 5.078 million ETH worth roughly $12 billion, reaching 4.21% of the total supply in 10 months.
BitMine said its ether holdings climbed to 5.078 million tokens after another 101,901 ETH purchase last week.