{"id":2348,"date":"2026-04-13T16:49:23","date_gmt":"2026-04-13T16:49:23","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=2348"},"modified":"2026-04-13T16:49:23","modified_gmt":"2026-04-13T16:49:23","slug":"bitmine-holds-over-4-percent-of-ethereum-supply-after-latest-purchase","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/04\/13\/bitmine-holds-over-4-percent-of-ethereum-supply-after-latest-purchase\/","title":{"rendered":"BitMine Holds Over 4 Percent of Ethereum Supply After Latest Purchase"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"588\" height=\"330\" data-id=\"2349\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/04\/IMG_1975.jpeg\" alt=\"\" class=\"wp-image-2349\" srcset=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/04\/IMG_1975.jpeg 588w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/04\/IMG_1975-300x168.jpeg 300w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/04\/IMG_1975-520x292.jpeg 520w\" sizes=\"auto, (max-width: 588px) 100vw, 588px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>BitMine Immersion Technologies has revealed a new acquisition of Ethereum, bringing its total holdings to 4.875 million ETH.<\/p>\n\n\n\n<p>The firm\u2019s overall portfolio, which includes Bitcoin holdings, cash reserves, and high risk investments often referred to as moonshots, is now valued at approximately 11.8 billion dollars.<\/p>\n\n\n\n<p>Tom Lee, the company\u2019s chairman and a strong advocate for Ethereum, remains optimistic about the asset despite its sharp pullback from its 2025 peak. He noted that Ethereum has delivered strong performance over the past six weeks, particularly following the escalation of conflict involving Iran.<\/p>\n\n\n\n<p>Lee stated that the ongoing war has become a major influence on global markets, adding that Ethereum has emerged as the top performing asset during this period, gaining 17.4 percent and significantly outperforming the S&amp;P 500. He also pointed out that Ethereum has surpassed gold by a wide margin, reinforcing his view of ETH as a potential store of value during times of geopolitical stress.<\/p>\n\n\n\n<p>He further explained that the Ethereum ecosystem continues to benefit from growing institutional adoption, especially as Wall Street firms explore blockchain based tokenization, alongside increasing demand from advanced artificial intelligence systems that rely on open and neutral blockchain infrastructure.<\/p>\n\n\n\n<p>As a result, BitMine has accelerated its accumulation strategy over the past month, maintaining the view that the market is nearing the end of a short term downturn.<\/p>\n\n\n\n<p>The company\u2019s most recent purchase of 71524 ETH represents its largest acquisition since mid December. With this addition, BitMine now controls more than 4 percent of Ethereum\u2019s total supply.#crypto#cryptonews <a href=\"https:\/\/coinsignals.net\">https:\/\/coinsignals.net<\/a> <a href=\"https:\/\/t.me\/coinsignalpublic\">https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies has revealed a new acquisition of Ethereum, bringing its total holdings to 4.875 million ETH. The firm\u2019s overall portfolio, which includes Bitcoin holdings,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2348","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=2348"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2348\/revisions"}],"predecessor-version":[{"id":2350,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/2348\/revisions\/2350"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=2348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=2348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=2348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}