Bitmine’s Holdings Value Dips to $15 Billion Despite 10,452 ETH Buy
By Unchained
AI summary of the source article
Bitmine Immersion Technologies acquired 10,452 ETH in the week ending Oct. 25, increasing its total holdings to 6,051,933 ETH. Despite the purchase, lower ether prices reduced the value of its total holdings to approximately $15 billion.
Key facts
- Bitmine's ETH holdings reached 6,051,933 ETH, representing 4.95% of ether's supply.
- The company's staked ETH increased to 5,227,037, accounting for roughly 86% of its ether stash.
- Bitmine repurchased 2.04 million shares for about $45.9 million over the week, bringing 2026 buybacks to $399.6 million.
Source excerpt · Unchained
Tom Lee's Bitmine is now about 58,000 ETH short of its 5% supply goal after spending roughly $46 million on its own stock last week. The post Bitmine’s Holdings Value Dips to $15 Billion Despite 10,452 ETH Buy appeared first on Unchained .