#binance #hype #zec #near
14/10/25 04:35 UTC-04

BitMine buys 202,037 ETH during market dip

BitMine purchased 202,037 ETH during a market downturn, bringing it significantly closer to its goal of accumulating 5% of the total Ethereum supply. The company now holds 3,032,188 ETH (over $12.5 billion), with an average asset price of $4,154, representing 2.5% of Ethereum’s total supply. In addition, BitMine holds $220 million in Bitcoin.

BitMine Chairman Tom Lee noted that amid a record $19 billion crypto liquidation, Ethereum’s price dropped sharply, which the company took advantage of. Later, ETH recovered to $4,111, gaining 7.5% in the past 24 hours. Ethereum’s market capitalization currently stands at approximately $497 billion.

Lee also highlighted that during market volatility, even promising coins can temporarily lose value, creating opportunities for long-term investors, while short-term traders incur losses.

BitMine is considered the largest corporate Ethereum holder and the second-largest corporate Bitcoin holder, behind only Strategy, which owns over $73 billion in BTC. According to BitcoinTreasuries.NET, Japan’s Metaplanet ranks as the fourth-largest corporate Bitcoin holder.

See also: "Bitcoin Price Today: Falls to $113K Amid U.S.–China Trade Tensions"

#BitMine #Ethereum (ETH) #Buy

Editor: Yulia Krasnaya
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26/05/26 12:11 UTC-04

BitMine Spends Around $235 Million Buying Ethereum

BitMine acquired 111,942 $ETH over the past week. This was announced by its head, Tom Lee. According to him, the company views Ethereum’s decline below $2,200 as an “attractive opportunity” to accumulate the asset.

18/05/26 15:57 UTC-04

Bitmine Bought Another 71,672 ETH “at the Bottom”

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