BitMine Buys 202,037 Ethereum (ETH) Worth $8.34B, Holdings Rise to 3,032,188 ETH Valued at $12.52B
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
On October 13, COINOTAG News citing prnewswire reported that BitMine purchased 202,037 Ethereum (ETH) last week, a stake valued at approximately $8.3426 billion. The disclosure reflects a notable institutional accumulation of Ethereum assets.
Following the acquisition, BitMine now holds a total of 3,032,188 ETH, with an aggregate valuation near $12.52 billion. These figures align with published custody and reserve summaries and update the firm’s reported crypto holdings and balance sheet exposure.
Market participants and analysts tracking ETH liquidity and on-chain supply metrics should log this transaction as an adjustment to disclosed reserve metrics; the report provides a contemporaneous data point for institutional Ethereum ownership analysis.