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13/04/26 10:22 UTC-04

BitMine, an Ethereum asset manager, makes another Ethereum purchase! Here is the latest amount of Ethereum acquired

BitMine continues to increase its investments in Ethereum, achieving impressive results. Last week, the company purchased 71,524 Ethereum, marking its largest weekly acquisition since December 2025.

With this latest purchase, BitMine’s total Ethereum holdings have reached approximately 4.875 million ETH. This figure further strengthens the company’s position as one of the largest institutional investors in Ethereum within the cryptocurrency market. BitMine’s aggressive accumulation strategy is under close market scrutiny, especially amid the recent rise in institutional interest.

The company announced that as of April 12, the total value of its crypto assets and cash reserves stood at approximately $11.8 billion. This strong balance sheet demonstrates that BitMine has achieved significant financial scale not only in Ethereum but across its overall crypto portfolio.

Analysts note that purchases of this magnitude can reduce supply pressure in the market and exert upward influence on prices in the long term. They also point out that capital accumulation strategies by large investors serve as an important signal for small and mid-sized investors.

BitMine’s latest move once again highlights the growing role of institutional players in the cryptocurrency market and demonstrates continued confidence in Ethereum’s long-term potential.

See also: "BlackRock buys $612 million in Bitcoin amid escalating U.S.-Iran conflict"

#BitMine #Ethereum (ETH) #Buy

Editor: Alyona Nabok
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