Bitmine Immersion Technologies acquired an additional 7,391 ETH over the past week, bringing its total to 5,805,238 tokens. This stash was worth approximately $11.2 billion at the reported price of $1,928 per ETH. The company has reduced the size of its weekly purchases compared to the acquisitions of over 42,000 and 27,000 ETH made in early July. Bitmine also executed another 3 million share buyback, bringing total repurchases since July 1 to 19.1 million shares under its $4 billion repurchase program. The company now owns 4.8% of Ethereum’s total supply of 120.7 million tokens.
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