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BitMine buys 27,562 ETH for $75M, nearing 5% of total Ethereum supply.

Market News
21 Sep 2026, 16:33 WIB
Crypto Briefing
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Bullish
BitMine buys 27,562 ETH for $75M, nearing 5% of total Ethereum supply.

BitMine Immersion Technologies purchased 27,562 Ethereum tokens for $75 million, bringing its total holdings to nearly 6 million ETH, or about 4.9% of the circulating supply. Valued at $16.1 billion, BitMine is the largest corporate holder of Ethereum and is close to its goal of owning 5% of all ETH. The company stakes about 85% of its Ethereum, generating significant annual revenue, and expects increased institutional investment in crypto as US regulations evolve.

BitMine's Ethereum holdings total nearly 6 million ETH, representing about 4.9% of the circulating supply and valued at $16.1 billion. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 21, 2026 19:56 WIB: out of 50 major cryptocurrencies priced on Pluang, 47 rose and 2 fell today. Notable movers include DOGE with a 10.44% increase and a typical hold time of 109 days, BCH up 10.16% with a 68-day hold time, and SUSHI rising 10.09% with a 101-day hold time.

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