Bitmine Nears 5% ETH Goal: Can Ethereum Price Rally to $3,000?

26-Aug-2026 CoinPedia
Tom Lee looking at a hand holding a jar of gold coins amid Ethereum logos.

The post Bitmine Nears 5% ETH Goal: Can Ethereum Price Rally to $3,000? appeared first on Coinpedia Fintech News

Bitmine is making another aggressive bet on Ethereum, with fresh on-chain activity suggesting the company is getting closer to its goal of owning 5% of the entire ETH supply. The buying comes as Ethereum has gained more than 30% in a week, while analysts point to stronger fundamentals and a possible shift in ETH’s market …

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