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BTCBTC
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ETHETH
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SOLSOL
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AiCoin
AiCoin|Aug 28, 2025 05:14
[BitMine Needs to Invest Approximately $19.5 Billion More to Reach 5% Ethereum Target] According to CryptoISO analysis, BitMine currently holds approximately 1.7 million ETH. To reach the goal of owning 5% of Ethereum's supply, it would need to purchase an additional 4.3 million ETH. Based on the current price ($4,534), this would require an investment of approximately $19.5 billion. If the price of ETH drops to $4,200, the cost would decrease to approximately $18.2 billion. The analysis suggests that after ETH's low point at $4,060, it may form support in the $4,200 to $4,400 range.
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Timeline

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