Tag:

Bitmine

Bitmine buys $214 million Ethereum dip: should you invest?

Bitmine Immersion Technologies (NYSE: BMNR), the world's largest corporate holder of Ethereum, made its biggest weekly purchase of 2026 by snapping up 126,971 ETH for roughly $214 million. The massive buy-the-dip move signals strong corporate conviction, even as Ethereum trades around $1,816—down 63% from its August 2025 all-time high of $4,946.

18 Jun 2026-21:58
Bitmine builds massive Ethereum stake, reshapes risk profile

Bitmine Immersion Technologies Bitmine Immersion Technologies is rapidly increasing its exposure to Ethereum, accumulating a large position that is now approaching 5% of total ETH supply, a move that significantly reshapes the company’s financial risk profile and earnings structure.

22 Apr 2026-16:59
Ethereum price prediction: Bitmine’s $466M buy could reshape the market

Bitmine Immersion Technologies has quietly purchased $466 million worth of Ethereum, bringing its total holdings to 3.81% of the global supply.

24 Mar 2026-18:20