Crypto

Ethereum Sees Strongest Weekly Gain Since May 2025 as BitMine Adds $81M Worth of Tokens

Guavy AI Editorial Team Published August 25, 2026

Instruments

ETH

Ethereum (ETH) experienced its strongest weekly performance since May 2025, posting a 30% gain. BitMine Immersion Technologies, an Ethereum treasury firm, took advantage of this rally and acquired 32,447 ETH last week, worth around $81 million at Monday's price.

This purchase pushed BitMine's total ETH holdings to 5,847,611 tokens, valued at approximately $14.6 billion. The firm now holds about 4.8% of Ethereum's total supply of 120.7 million tokens.

BitMine Chairman Thomas Lee pointed out that past 30% rallies led to significant gains for ETH in the past, including a 167% increase after a similar rally in July 2021 and a 170% gain following a comparable move in May 2025.

Ethereum Sees Strongest Weekly Gain Since May 2025 as BitMine Adds $81M Worth of Tokens

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