Crypto

Bitmine Boosts ETH Reserves Amid Strengthening Market

Guavy AI Editorial Team Published July 28, 2026

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BTC ETH

Bitmine Immersion Technologies has increased its Ethereum reserves over the past week and allocated a significant portion to staking through its own validator operations.

The company attributed these purchases to the strengthening of ETH against BTC.

Ethereum outperformed Bitcoin in terms of growth during this period, and Bitmine remains the largest corporate holder of the second-largest cryptocurrency by market capitalization.

The Wire

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