Bitmine Boosts Ethereum Holdings with $201M Purchase

Bitget App

Trade smarter

Bitget

News

Coinomedia2025/09/11 05:00

By:Aurelien SageAurelien Sage

Bitmine acquires 46,255 ETH worth $201M, raising its total to 2.12M ETH valued at $9.2B.A Strategic AccumulationWhat This Means for the Market

Bitmine adds 46,255 ETH worth $201 million
Total ETH holdings now exceed 2.12 million
Bitmine’s ETH stash is valued at $9.2 billion

Bitmine has just made another massive move in the crypto market . The company added 46,255 ETH , valued at approximately $201 million, to its already impressive Ethereum portfolio. This new purchase signals Bitmine’s continued confidence in Ethereum as a long-term investment.

With this acquisition, Bitmine now holds a whopping 2,126,018 ETH, which, at current market prices, is worth around $9.2 billion. This puts the company among the largest known institutional holders of Ethereum globally.

A Strategic Accumulation

This latest purchase isn’t a one-off. Bitmine has been consistently accumulating Ethereum over the past several months. Industry watchers believe this strategy aligns with a broader trend of institutional investors seeking long-term exposure to Ethereum’s growing ecosystem.

The company appears to be positioning itself for Ethereum’s future role in decentralized finance ( DeFi ), smart contracts, and possibly even ETH-based ETFs. As the Ethereum network prepares for further upgrades, such as scaling improvements and staking efficiency, Bitmine’s aggressive accumulation may be a strategic play.

🚨 JUST IN: Bitmine adds another 46,255 $ETH worth $201M, bringing its total holdings to 2,126,018 $ETH worth $9.2B. pic.twitter.com/qQCcLDImBP
— Cointelegraph (@Cointelegraph) September 11, 2025

What This Means for the Market

Such large-scale acquisitions often have a ripple effect on the market. While Bitmine’s latest buy didn’t cause an immediate price spike, sustained accumulation by big players can strengthen investor confidence in Ethereum. It also reduces the available supply in circulation, potentially contributing to price appreciation over time.

Retail and institutional investors alike will be watching closely to see if Bitmine continues its ETH-buying spree — and what that might signal for Ethereum’s future.

Read Also :

XRP Breaks Out of Classic Cup & Handle Pattern
BNB Surpasses BlackRock and Rolls-Royce in Market Cap
Traders Turn Bearish, But Crypto Retrace May Never Come
Ethereum ETF Sees $44M Inflow in One Day
Top Crypto Gainers in 2025: Here’s Why BlockDAG Is Outshining Solana, Avalanche, & Polkadot

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14