Bitmine Purchases $147M in Ethereum, Extends Five-Week Buying Streak

Bitmine Immersion Technologies acquired over 71,000 Ethereum worth $147 million last week, marking its largest weekly purchase of 2026. Its holdings now total nearly 4.73 million ETH, valued at about $10.5 billion. This streak of accumulation continues amidst stable ETH prices around $2,065, influenced by macroeconomic factors like oil prices.