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crypto4.8 %BitMine holds 4.8% of Ethereum supply after massive acquisition

BitMine holds 4.8% of Ethereum supply after massive acquisition

BitMine acquired 32,447 ethers in one week, bringing its total to 5.85 million.

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5.85 million
BitMine acquired 32,447 ethers in one week, bringing its total to 5.85 million
5 %
The Chinese company nears its goal of holding 5% of the total Ethereum supply

The fact

The Chinese company nears its goal of holding 5% of the total Ethereum supply.

This concentration raises concerns about Ethereum's network decentralization.

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Auto-synthesis from 1 media source · identified on August 24, 2026
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