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BitMine buys 5,000 Ether worth $11.37M, holding 4.9% of total ETH supply.

Market News
03 Nov 2026, 01:53 WIB
Tokenpost
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Bullish
BitMine buys 5,000 Ether worth $11.37M, holding 4.9% of total ETH supply.

BitMine purchased 5,000 Ether (ETH) from Kraken in a deal valued at approximately $11.37 million. This acquisition means BitMine now holds 4.9% of the total supply of Ether, highlighting a significant stake in the cryptocurrency. The move could influence BitMine's position in the digital asset market and reflects growing institutional interest in Ethereum.

Ethereum trades at Rp40.825.651 on Pluang as of Nov 03, 2026 07:01 WIB, with a 1-day change of -1.06%. The platform shows a market cap of Rp4.983,24 trillion and a 24-hour trading volume of Rp209,62 trillion. This activity occurs alongside BitMine's recent acquisition of 5,000 ETH, highlighting ongoing institutional interest in Ethereum.

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