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Bitmine Marches Toward 5% of Ethereum Supply After Fresh ETH Buy and Share Purge

Bitmine Immersion Technologies added 9,946 ETH and retired 6.1 million shares last week, tightening its grip on ethereum’s supply while signaling that management sees value in both the asset and its own stock. As of 7 p....

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitmine Marches Toward 5% of Ethereum Supply After Fresh ETH Buy and Share Purge
Bitmine Immersion Technologies added 9,946 ETH and retired 6.1 million shares last week, tightening its grip on ethereum’s supply while signaling that management sees value in both the asset and its own stock. As of 7 p.m. EDT on July 26, Bitmine disclosed it held 5,787,414 ETH worth about $11.27 billion at a Coinbase price […]

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Ethereum is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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