According to @EmberCN, BitMine (BMNR) reported buying 190,523 ETH (~$866M) last week and holding 1,713,899 ETH at an average cost of $3,821 as of Aug 24, 2025; source: BitMine announcement dated Aug 25–26, 2025 via @BitMNR on X and @EmberCN on X, Aug 26, 2025. According to @EmberCN, SharpLink (SBET) reported buying 56,533 ETH (~$252M) last week and holding 795,905 ETH at an average cost of $3,548 as of Aug 24, 2025; source: SharpLink announcement dated Aug 25–26, 2025 via @SharpLinkGaming on X and @EmberCN on X, Aug 26, 2025. Combined reported holdings equal about 2,509,804 ETH with a derived weighted average cost near $3,734 based on the disclosed figures; source: company announcements via @BitMNR and @SharpLinkGaming as compiled by @EmberCN on X, Aug 26, 2025.

According to @EmberCN, BitMine (BMNR) began accumulating ETH on July 9 and still held an ETH position as of Aug 17 based on the company’s disclosed purchase quantities and prices compiled in the post (source: @EmberCN on X, Aug 20, 2025). According to @EmberCN, SharpLink Gaming has also been buying ETH over the past two months, and the post estimates a weighted-average cost basis for its ETH treasury from its announced buy quantities and prices (source: @EmberCN on X, Aug 20, 2025). According to @EmberCN, traders are watching the compiled cost-basis levels as potential support during the current ETH pullback (source: @EmberCN on X, Aug 20, 2025). According to @EmberCN, monitoring ETH price reaction near those cited cost levels and any new purchase disclosures from both companies is a key trading focus for ETH spot, derivatives, and related equities (source: @EmberCN on X, Aug 20, 2025).