Bitmine extends 14-month ETH buying pace as Ether breaks above $2.5K
- Posted on August 24, 2026
- By Cointelegraph
- 1 Views
- 1 min read
In brief
Bitmine continues its aggressive accumulation strategy for Ethereum, maintaining a consistent purchasing pattern over the past 14 months. With ETH surpassing the $2,500 milestone, the institutional buyer strengthens its position in the cryptocurrency market. This strategic acquisition aligns with Bitmine's long-term vision to secure a significant 5% stake in Ethereum's total supply, demonstrating confidence in the asset's future potential and solidifying its role as a major stakeholder in the network.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Bitmine extends 14-month ETH buying pace as Ether breaks above $2.5K
Bitmine extends its 14-month Ether buying streak as ETH breaks above $2,500, bringing the company closer to its goal of owning 5% of the supply.
