BitMine Adds $62M in ETH as Weekly Buying Pace Slows

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BitMine added 26,659 ETH worth about $62 million last week, slowing from its earlier pace of more than 100,000 ETH per week. The firm now holds more than 5.2 million ETH valued around $12.1 billion, or more than 4.3% of Ethereum’s circulating supply. Chairman Tom Lee said the slower pace keeps BitMine aligned with its 5% Ethereum supply target in late 2026.

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