business
Bitmine Acquires $43 Million Of Ethereum As Price Slides
Key takeaways
- In all, Bitmine spent $43 million U.S. buying Ethereum in recent days as the price steadily fell.
- The latest purchases have brought Bitmine's holdings to 5.7 million Ethereum worth $8.9 billion U.S., according to the company.
- Ripple, The Company Behind XRP, Is Valued At $50 Billion
Bitmine Acquires $43 Million Of Ethereum As Price Slides Crypto Prowl Mon, June 29, 2026 at 8:42 PM GMT+7 1 min read BMNR ETH-USD BTC ETH Bitmine Acquires $43 Million Of Ethereum As Price Slides Bitmine Immersion Technologies (NYSE: $BMNR) bought another 27,084 of Ethereum (CRYPTO: $ETH) over the past week as its price neared a low for the year.
In all, Bitmine spent $43 million U.S. buying Ethereum in recent days as the price steadily fell. ETH hit a low for the year of $1,564.86 U.S. on June 26.
The latest purchases have brought Bitmine's holdings to 5.7 million Ethereum worth $8.9 billion U.S., according to the company.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop