Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace

Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitmine's ether buys are catching up to Strategy's bitcoin accumulation paceBitmine bought $234 million of ether in its largest weekly purchase this year, closing in on Strategy's regular bitcoin buys once the firm's STRC-fueled spikes are stripped out.By Shaurya Malwa|Edited by Sheldon Reback Apr 28, 2026, 8:27 a.m. Make preferred on Bitmine Chairman Tom Lee (CoinDesk)What to know: Bitmine Immersion Technologies bought $234 million of ether last week, bringing its weekly crypto purchases close to the typical $200 million to $300 million that Strategy spends on bitcoin.Despite sitting on nearly $8 billion in unrealized losses earlier this year, Bitmine accelerated its purchases, giving ether a Strategy-like corporate buyer steadily absor

Source: https://www.coindesk.com/business/2026/04/28/bitmine-s-ether-buys-are-catching-up-to-strategy-s-bitcoin-accumulation-pace