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Crypto • 2026-04-20 10:45

BitMine Buys 101,627 ETH for $235M, Holdings Approach 5M ETH Milestone

BitMine Immersion Technologies purchased 101,627 Ether last week for approximately $235 million, bringing total holdings to 4,976,485 ETH. CoinTelegraph reports this represents about 4.12% of total ETH supply, as the company moves closer to its stated 5% accumulation target. Decrypt frames the purchase as BitMine's largest Ethereum buy this year.

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