Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
WCTC S8
Rewards

BitMine Adds $62.1M in ETH on May 11, Total Holdings Reach 5.2M Tokens

GateNews
ethereum news
ETH-0.19%

According to BitMine Immersion Technologies, on May 11, 2026, the company purchased an additional 26,659 ETH for approximately $62.1 million. With this acquisition, BitMine’s total Ethereum holdings have reached 5,206,790 ETH, representing approximately 4.3% of the total circulating supply, making it the world’s largest corporate holder of Ethereum. The company’s total crypto and cash holdings now stand at approximately $13.4 billion, including a $775 million cash reserve. BitMine noted that the purchase represents a slight deceleration from its previous accumulation pace, as the company manages concentration risk while approaching its long-term target.

View Source
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related News

05-11 21:41
Strategy Adds 535 BTC for $43M Between May 4-10, Raising Total Holdings to 818,869
05-11 18:27
Sharplink Q1 Revenue Tops $12.1 Million as ETH Treasury Company Expands Yield Strategies
05-11 12:22
MicroStrategy Increases Bitcoin Holdings by 535 BTC for ~$43M Last Week
05-11 12:17
SharpLink Q1 Earnings: ETH Holdings Surge to 873,000, Staking Yields Hit 18,800 ETH
05-11 10:00
Ethereum Foundation Redeems 21,271 ETH from Lido, Worth $49.66M
In-Depth Analysis

Tom Lee: Ethereum supply is in a “deflationary” state; Bitmine intentionally slowed its accumulation

Market Whisper05-12 02:45

Bitmine Slows ETH Accumulation Below 100K Weekly Pace

Crypto Frontier05-11 15:29

Bitmine holds 5.21 million ETH, Tom Lee predicts cumulative momentum will slow

ChainNewsAbmedia05-11 13:47
Comment
0/400
No comments