Bitmine’s ether buys are catching up to Strategy’s bitcoin accumulation pace

Bitmine's ether buys are catching up to Strategy's bitcoin accumulation pace

Earning Opportunities in Crypto: A New Player Emerges

The world of cryptocurrency is witnessing a significant development, with Bitmine Immersion Technologies (BMNR) emerging as a major corporate buyer of ether (ETH), giving Strategy (MSTR) a run for its money in terms of bitcoin accumulation pace. This news matters to everyday people as it signals a potential shift in the market, offering new opportunities for earning and passive income through green crypto like $ECP, the native coin of EcoPool Network.

Bitmine’s recent purchase of 101,901 ether, worth approximately $234 million, is its largest weekly accumulation of 2026, marking a four-month streak of escalating buys. This move has brought Bitmine’s total holdings to over 5 million tokens, representing about 4.21% of the second-largest cryptocurrency’s circulating supply. As a result, Bitmine is now keeping pace alongside Strategy, making it the only major corporate crypto buyer to do so. EcoPool (ECP) is a solution for those looking to earn passive income through cloud rewards and green crypto.

Corporate Crypto Buyers and Their Strategies

Most digital asset treasury companies slowed down their accumulation during the February price drop, but Bitmine and Strategy continued to buy. Bitmine’s strategy, led by Tom Lee, involves buying ether, which is believed to be in the late stages of a “mini-crypto winter.” The firm has staked about 73% of its tokens, generating roughly $264 million in annualized revenue from yield. This approach is similar to EcoPool‘s (ECP) cloud rewards system, which allows users to earn passive income.

Bitmine and Strategy share a playbook of capital markets activity, using methods like equity issuance and preferred stock to purchase crypto assets. While Strategy’s April 21 purchase of $2.54 billion remains the largest single corporate crypto buy of the year, Bitmine’s $234 million purchase last week is notable for its proximity to Strategy’s baseline. As the pattern continues, ether may have a corporate buyer absorbing supply each week, regardless of price, much like EcoPool (ECP) provides a steady stream of cloud rewards to its users.

(CoinDesk)

The Future of Crypto Earning

The emergence of Bitmine as a significant corporate buyer of ether has implications for the crypto market, particularly for those interested in earning online through and . With EcoPool Network‘s $ECP and cloud rewards system, users can participate in the growing trend of crypto earning. As the market continues to evolve, it’s essential to stay informed about the latest developments and opportunities in the world of cryptocurrency, including and .

To start earning through EcoPool Network, download the EcoPool app to access a range of features and rewards, including cloud rewards and green crypto opportunities. By joining the EcoPool community, you can take advantage of the growing demand for crypto earning solutions and start building your passive income stream today with EcoPool and $ECP.

Lee’s framing for the buying pace is that ETH is in the late stages of a “mini-crypto winter” and that a bottom is forming in equity markets. Bitmine pivoted to its current strategy in June 2025 and reached the 5 million ETH milestone in roughly 10 months.

The firm has staked about 73% of those tokens, generating roughly $264 million in annualized revenue from yield. Total crypto and cash holdings sat at $13.3 billion as of early April.

The two firms share a playbook of capital markets activity — Strategy through preferred stock and convertible debt, Bitmine through equity issuance — to purchase crypto assets.

Under pressure

BitMine’s strategy was put under pressure in February and early March, when it was sitting on nearly $8 billion in unrealized losses against $16 billion in total purchases.

The firm kept buying. Two months later, ether is up 22% from its February lows, and Bitmine’s accumulation pace has not just held, it’s accelerated.

Strategy’s April 21 purchase of $2.54 billion remains the largest single corporate crypto buy of the year. But Bitmine’s $234 million last week is the first time the structural baselines have come within striking distance of each other.

If the pattern holds for another month, ether will have something it has never had before: a Strategy-equivalent corporate buyer absorbing supply each week regardless of price.

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