Bitmine scoops $147M of ETH in its biggest week of buying this year

Bitmine bought over 71,000 Ether over the past week, adding to the 238,244 Ether it acquired over the previous four weeks.

Bitmine Immersion Technologies has extended its Ether buying streak into its fifth week, scooping up 71,179 Ether in its largest weekly purchase of 2026 so far. 

The roughly $147 million Ether (ETH) buy represents a jump from Bitmine’s previous weekly average of $93 million to $103 million, the company said in a statement on Monday.

Last week, Lee said Ether is in the final stages of the mini-crypto winter and said this was a key reason the company has been maintaining its aggressive Ether buying over the past few weeks. Across its previous four purchases, Bitmine bought up a total of 238,244 Ether.

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