BitMine Bought About $79.17 Million in ETH Last Week, Holdings Reach $14.72 Billion

BitMine Bought About $79.17 Million in ETH Last Week, Holdings Reach $14.72 Billion

N
News Editor
2026-08-24 15:29:06
Techub News said BitMine, the firm associated with Tom Lee, bought about $79.17 million worth of Ethereum (ETH) over the past week. It was the company’s largest weekly purchase in more than a month and a half. Arkham data shows BitMine now holds $14.72 billion in ETH, equal to 4.85% of Ethereum’s total supply, with an average buy price of about $3,400.

BitMine added about $79.17 million of ETH in one week

Techub News reported that BitMine, the company associated with Tom Lee, bought roughly $79.17 million worth of Ethereum (ETH) over the past week.

It was the company’s largest weekly purchase in more than a month and a half.

ETH holdings stand at $14.72 billion

Arkham data shows BitMine currently holds $14.72 billion worth of ETH, which represents about 4.85% of Ethereum’s total supply.

The firm’s average purchase price was about $3,400.

(@arkham)

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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