Signal

Bitmine adds 12,535 ETH as holdings reach 6.04 million

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Published 2026-10-19 12:44 UTCUpdated 2026-10-19 15:15 UTC

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Evidence trail (top sources)

top sources (4 domains)

4 top sources shown

Decrypt report on Bitmine’s ETH purchase

decrypt.co · decrypt.co · 2026-10-19 15:13 UTC

Crypto.News analysis of Bitmine’s ETH holdings

crypto.news · crypto.news · 2026-10-19 14:00 UTC

The Block report on Bitmine’s treasury

theblock.co · theblock.co · 2026-10-19 13:37 UTC

🔥 JUST IN: Bitmine bought 12,535 ETH over the past week, bringing its holdings to 6.04M $ETH.

cointelegraph · cointelegraph.com · 2026-10-19 12:44 UTC

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Overview

Bitmine’s reported purchase of 12,535 ETH over the past week brings its holdings to 6.04 million ETH. Coverage differs in emphasis: Decrypt highlights the purchase as part of the company’s stated 5% supply target, while Crypto.News notes that ETH remained below $2,500 despite the accumulation.

Entities

BitmineEthereumTom LeeETH

Why now

The reported 12,535 ETH purchase occurred over the past week.
Decrypt said Bitmine is 99% of the way toward its stated 5% supply goal.

Why it matters

Bitmine’s reported treasury now stands at 6.04 million ETH.
The purchase illustrates continued accumulation despite ETH remaining below $2,500 in Crypto.News’ account.

Evidence assessment

Recurring claims

Bitmine added 12,535 ETH, bringing its reported holdings to 6.04 million ETH.
Decrypt reported that the updated holdings represented 4.9% of ETH supply and 99% of Bitmine’s stated 5% goal.

How sources frame it