Norway's sovereign wealth fund disclosed an $88.25 million BitMine stake, a 1.16% holding in the Ethereum treasury company, in its first-half 2026 investment data.
Bitmine added 76,881 ETH after a preferred-stock raise, lifting its Ethereum treasury to 5.62 million ETH, or 4.66% of supply.
The Ethereum Foundation unstaked about 17,000 ETH after a fresh BitMine sale, putting traders back on alert for another possible treasury move.