Bitmine has acquired 20,000 ETH through FalconX, valued at approximately $35.85 million, according to on-chain analyst Yujin. This purchase is part of Bitmine's ongoing strategy to increase its Ethereum holdings. Despite this acquisition, the company remains short by about 380,000 ETH, equivalent to roughly $680 million, from its strategic goal of holding 5% of the total Ethereum supply.