Skip to content
Back to Guavy Wire
Crypto

BitMine Surpasses 5% of Total Ethereum Supply

Instruments
ETH STRD
Share

BitMine has made significant strides in acquiring Ethereum (ETH), nearing 5% of the total supply after purchasing $19M worth of ETH.

This move positions BitMine as the largest corporate holder of ETH, marking a notable milestone in the company's investment strategy.

The purchase is part of BitMine's efforts to diversify its holdings and expand its presence in the crypto market.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc