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Bitmine Buys 71,672 ETH, Targets 5% of Ether Supply by 2026

2026-05-22 13:17:08

Bitmine bought 71,672 ETH over the past week, lifting its treasury to more than 5.28 million Ether. Chairman Tom Lee said the purchase was timed to ETH slipping below $2,200. Bitmine said it still needs about 756,538 ETH to reach its goal of holding 5% of circulating supply sometime in 2026.

ETH-1.56%

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