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EthereumCoinGapeFiled 45 h ago

BitMine Adds 9,587 ETH as Total Ethereum Holdings Reach 6.07 Million Tokens

Open the sourceReported by CoinGape, coingape.com, 9 November 2026, by Coingapestaff

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BitMine Immersion Technologies acquired 9,587 ETH in the past week, lifting its Ethereum treasury to 6.07 million tokens as it works toward a target of controlling 5% of the total supply. The purchase adds to the company's combined crypto assets disclosed in its November 9 statement. The move matters because BitMine is among the largest corporate holders of ETH, and continued accumulation at this scale could tighten the available float and reinforce the corporate-treasury demand narrative. Watch whether BitMine sustains its weekly buying pace and how close its holdings come to the 5% threshold, alongside any further disclosure of its broader crypto asset mix.

Muhabbit's AI wrote this summary in its own words from CoinGape's report. It can get details wrong, so check the source.

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Ethereum (ETH), BitMine Immersion Technologies

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