BitMine has reportedly added 7,430 ETH to its holdings, according to a filing-based report that points to continued Ethereum accumulation by the company. The figure marks the confirmed data point in the report, while details such as timing, purchase price, and funding remain unstated.
Ethereum
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ETH whales sold roughly $55 million in Ethereum, according to a report circulating on Telegram and social media, with on-chain trackers flagging the wallet activity as the latest large holders to reduce their ETH exposure.
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Bitmine Immersion Technologies added 42,197 ETH over a single week, bringing its total Ethereum holdings to 5. 74 million tokens and its combined crypto and cash holdings to $11.
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SharpLink has purchased 10,000 ETH valued at $16. 1 million, marking another Ethereum treasury move by the company as it continues to build one of the larger corporate ETH positions among publicly traded firms.
BitMine has reportedly expanded its Ethereum treasury holdings to 5. 7 million ETH, signaling a continued buildup of the company's crypto reserve position.
Bitmine Immersion Technologies added 27,084 ETH to its Ethereum holdings in a single week, expanding the company's crypto treasury in a concentrated buying move that underscores its aggressive accumulation strategy.
The purchase, tracked by on-chain analytics account Lookonchain on X , adds to a string of nine-figure ETH moves SharpLink has executed over the past year. The company has previously acquired $81 million in Ethereum and bought $74 million in ETH in separate transactions.