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via CoinDesk · By CoinDesk Staff
Bitmine (BMNR) slows ether (ETH) purchase pace, buying $53 million in tokens
ETH
ETH/USDT
$1,880.44
+0.10%
$1,880.44
+0.10%
(24s)24h Volume
$1,615,465,589.31
24h H/L
$1,886.58 / $1,877.01
Change: $9.57 (0.51%)
Long/Short
66.9%
Long: 66.9%Short: 33.1%
Funding Rate
+0.0047%
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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