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BitMine boosts Ethereum holdings to 5.77M ETH, signaling strong institutional interest.

Market News
13 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

BitMine has increased its Ethereum holdings to 5.77 million ETH, about 4.8% of the total supply, after acquiring 27,801 ETH in the past week. This move, supported by major investors like ARK and Pantera, values BitMine's Ethereum assets at roughly $10.5 billion, contributing to a total portfolio worth $11.3 billion. BitMine's inclusion in the Russell 1000 index and its high daily trading volume highlight growing institutional interest, potentially driving Ethereum prices higher. Market watchers will monitor how this accumulation affects Ethereum's price and the broader impact of institutional investments and regulatory developments.

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