Investment
Features
FeesSafety
Academy
More
Pluang+

Bitmine buys $81M in Ethereum, boosting holdings to 5.85M ETH amid strong market rebound.

Market News
24 Aug 2026
Tokenpost
View Source
Bullish
pluang ai news

Bitmine Immersion Technologies increased its Ethereum holdings by purchasing 32,447 ETH worth about $81 million as prices recovered, bringing its total to approximately 5.85 million ETH valued at $14.6 billion. The company now controls around 4.8% of Ethereum's circulating supply and is close to its 5% target. This buying surge follows a 30% weekly gain in ETH, with expectations of further upside due to growing interest in blockchain and tokenization. Bitmine also earns income by staking 87% of its holdings, generating an estimated $330 million annually, supporting its strategy to expand its Ethereum treasury.

More News

Credit card balances overdue by 90 days have nearly doubled since 2022, while new delinquencies remain steady.

Credit card balances overdue by 90 days have nearly doubled since 2022, while new delinquencies remain steady.

Since 2022, the amount of credit card debt that is 90 days overdue has almost doubled, indicating growing financial stress among borrowers. However, the rate of new delinquencies has not increased, suggesting that while existing overdue balances are ...

Market News
Neutral
2 hours ago
Lake Victoria Gold reports high-grade near-surface gold assays at Imwelo project in Tanzania.

Lake Victoria Gold reports high-grade near-surface gold assays at Imwelo project in Tanzania.

Lake Victoria Gold announced high-grade gold assay results from near-surface diamond drilling at its Imwelo Gold Project in Tanzania, including 28.71 g/t over 2.75 meters and 12.20 g/t over 4.5 meters. These results confirm the presence of rich gold ...

Market News
Bullish
4 hours ago
hVIVO acquires Berlin clinical trials unit with payments tied to future revenue, expanding its drug development reach.

hVIVO acquires Berlin clinical trials unit with payments tied to future revenue, expanding its drug development reach.

hVIVO PLC has acquired CRS Clinical Research Services Berlin, a specialist clinical trials unit, for an initial €250,000 plus 18% of the unit's annual revenue over the next three years, expected to total around €6 million. This deal is self-funding a...

Company Fundamentals
Bullish
4 hours ago
Prudential boosts profit, dividends, and share buybacks on strong H1 growth

Prudential boosts profit, dividends, and share buybacks on strong H1 growth

Prudential PLC reported a 9% rise in adjusted operating profit before tax to $1.81 billion for the first half of 2026, driven by an 8% increase in new business profit and improved margins. The insurer raised its interim dividend by 15% and expanded i...

Company Fundamentals
Bullish
4 hours ago
Halfords raises profit forecast after strong summer sales and warm weather boost

Halfords raises profit forecast after strong summer sales and warm weather boost

Halfords Group PLC has upgraded its profit outlook for the year, expecting underlying profit before tax between £55 million and £65 million, surpassing previous estimates. The stronger performance is attributed to robust trading momentum and unusuall...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App