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Bitmine Buys SETH Again, Total Holdings Hit 1.3M Tokens

Summary by Coinfomania
In a striking move that cuts against the market mood, Bitmine has continued piling into Ethereum’s synthetic version, SETH, even as retail investors rush to the exit. Crypto Rover reported that the company bought another 106,485 SETH worth $470.51 million, bringing its total stash to nearly 1.3 million SETH valued at $5.75 billion. The move is turning heads across the crypto world, as it shows strong institutional confidence at a time when many …
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Coinfomania broke the news in on Saturday, August 16, 2025.
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