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via CoinDesk · By CoinDesk Staff
Bitmine (BMNR) slows ether (ETH) purchase pace, buying $53 million in tokens
ETH
ETH/USDT
$2,696.61
+0.28%
$2,696.61
+0.28%
(24s)24h Volume
$10,575,266,418.08
24h H/L
$2,743.00 / $2,668.84
Change: $74.16 (2.78%)
Long/Short
60.3%
Long: 60.3%Short: 39.7%
Funding Rate
+0.0014%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:55 PM UTC)
1 min read
The Ethereum treasury firm cut weekly purchases by more than 75% after the previous week's 112,000 ETH buying spree.
Bitmine Immersion (BMNR), the largest publicly-traded Ethereum treasury firm, bought 26,497 ether (ETH) last week, sharply reducing the pace of accumulation after making its largest purchase of 2026 just a week earlier.
The latest acquisition, worth roughly $53 million at current…
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