Bitmain (BMNR) announced that it purchased an additional 26,497 ETH (approximately $53.07 million) last week. As a result, Bitmain now holds 5,416,901 ETH (4.49% of supply), with over 4.71 million ETH staked. Bitmain plans to secure more than 5% of the ETH supply by the end of the year.
