Bitmine slashes weekly Ethereum purchases by 75%+ after record buying spree

Bitmine Immersion (BMNR), the largest publicly-traded Ethereum treasury firm, significantly reduced its ETH purchases last week, buying only 26,497 ETH ($53 million) — a 75%+ drop from the prior week's 120,000 ETH acquisition. The company's total holdings now stand at nearly 5.42