BitMine Nears 5% of ETH Supply With $10B Holdings Despite Bear Market

Jun 15, 2026 - 20:30
BitMine Nears 5% of ETH Supply With $10B Holdings Despite Bear Market
BitMine Immersion Technologies continued to expand its Ether holdings last week, acquiring more of the second-biggest digital asset despite a prolonged market downturn as its large staking operation continues to generate yield. On Monday, the crypto treasury company reported that it acquired 76,881 Ether (ETH) over the past week, potentially reducing its average cost basis...

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