BitMine Buys the ETH Dip Again

[cryptohog]

BitMine Immersion Technologies, chaired by Tom Lee, has reportedly bought another 104,336 ETH ($417M) during the latest downturn, according to onchain data.

Earlier this week, BitMine acquired 202,037 ETH, pushing its treasury to 3 million ETH — around 2.5% of total supply and half of all corporate ETH holdings worldwide.

Despite the selloff, Lee still predicts ETH $10K by year-end.

[Nahid10]

BitMine’s repeated dip buys show strong conviction in Ethereum’s recovery potential.

[EmTeam]

Smart players accumulate when fear peaks — classic move by experienced investors.