BitMine Buys 5,000 Ether (ETH) From Kraken in a Deal Valued at About $11.37 Million

John Kim

1 min read

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BitMine Buys 5,000 Ether (ETH) From Kraken in a Deal Valued at About $11.37 Million

BitMine’s Ether holdings represent 4.9% of the token’s total supply.

By John Kim

Published Nov 2, 2026, 6:53 PM EST

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ETH Ethereum

Silver faceted tokens fill a steel transfer tray / TokenPost.ai (mono)

BitMine bought 5,000 Ether (ETH) from Kraken in a transaction valued at about $11.37 million. BitMine’s Ether holdings represent 4.9% of the cryptocurrency’s total supply.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.