Bitmine adds $19.6M in ETH, repurchases 4.5M shares

CryptoInfo Editorial Team · Published on August 04, 2026 at 03:52 · Updated on August 04, 2026 · 1 min read

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Key Takeaways

→Bitmine now holds about 4.8% of Ether's circulating supply
→The company has repurchased 4.5M shares
→Bitmine is pursuing a 5% acquisition target of Ether's circulating supply

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bitmine has announced the addition of $19.6M in ETH to its holdings, as well as the repurchase of 4.5M shares. This move brings its total ETH holdings to about 4.8% of Ether's circulating supply.

According to reporting from CoinTelegraph, Bitmine is pursuing a target of acquiring 5% of Ether's circulating supply.

Source: CoinTelegraph ↗