Bitmine Increases Ethereum Holdings to Over 6 Million ETH
Bitmine's latest ETH purchase raises its share of Ethereum supply to nearly 5%.
Bitmine's latest ETH purchase raises its share of Ethereum supply to nearly 5%. Ethereum (ETH) is trading at ₹2,23,697 ($2,349.78). This is an original Token Times brief based on reporting by Bitcoin Sistemi, with live market data added, as of Wed, 28 Oct 2026 07:00:01 UTC.
This significant accumulation by a major holder could influence Ethereum's supply dynamics and market sentiment, especially given the size of the purchase relative to daily trading volumes.
- Bitmine purchased 10,452 ETH, raising its total holdings to 6.05 million ETH.
- The purchase increases Bitmine's share of Ethereum supply to 4.95%.
- Ethereum price is up 1.70% in the last 24 hours to $2349.51.
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- Bitmine Increases Ethereum Holdings to Over 6 Million ETH — this brief
Bitmine, a major 
Ethereum holder, has increased its ETH reserves by purchasing an additional 10,452 ETH. This brings the company's total holdings to 6.05 million ETH.
The acquisition raises Bitmine's share of Ethereum's total supply to 4.95%, highlighting the firm's significant influence on the network's supply dynamics.
This development comes amid a period of moderate price recovery for Ethereum, which has seen a 1.70% increase in the past 24 hours to $2349.51. The broader crypto market is also experiencing a positive trend, with the total market cap reaching $2.78 trillion.
The purchase is notable given Ethereum's daily trading volumes, which typically range in the tens of billions. Such large acquisitions by major holders can impact market liquidity and price stability.
Investors and analysts will be watching for further accumulation by Bitmine and other large holders, as these actions can influence Ethereum's price trajectory and market sentiment.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from ₹2,23,671.79$2,349.51 to ₹2,23,697.49$2,349.78 — +0.01%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹235,248.22 (about $2,349.78), up 2.1% over 24 hours. The rupee itself trades about 5.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitmine Increases Ethereum Holdings to Over 6 Million ETH — questions & answers
How much ETH did Bitmine purchase?
Bitmine purchased 10,452 ETH, raising its total holdings to 6.05 million ETH.
What is Bitmine's share of Ethereum supply now?
Bitmine's share of Ethereum supply is now 4.95%.
How has Ethereum's price reacted?
Ethereum's price is up 1.70% in the last 24 hours to $2349.51.
How much is 1 Ethereum worth in rupee today?
About ₹235,248.22 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,349.78. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin Sistemi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.