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    Home»Cryptocurrency»BitMine Continues to Buy The Dip, Scooping 100M ETH in a Week
    Cryptocurrency

    BitMine Continues to Buy The Dip, Scooping 100M ETH in a Week

    CryptoGateBy CryptoGateDecember 16, 2025No Comments3 Mins Read
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    The world’s largest Ethereum treasury firm exhibits no indicators of concern or doubt because it continues to aggressively accumulate the asset. 

    Retail merchants could also be panic-selling Ether immediately, however Tom Lee’s BitMine Immersion Applied sciences stays bullish.  The corporate reported on Monday that it had amassed 102,259 ETH value greater than $300 million over the previous week.

    “Tom Lee nonetheless has $1 billion in money. Will he maintain shopping for the dip?” asked Arkham Intelligence

    Lee Stays Bullish on Ether

    “Crypto costs have stabilized prior to now week, additional proof that crypto costs have begun to recuperate after the worth shock of October tenth,” mentioned Tom Lee. Nevertheless, this was earlier than the market crash yesterday.

    BitMine at the moment holds 3.97 million ETH, or roughly 3.2% of the entire provide, valued at round $11.6 billion. It additionally holds 193 BTC value round $16.5 million and has $1 billion in money.

    🧵
    BitMine supplied its newest holdings replace for Dec fifteenth, 2025:

    $13.2 billion in complete crypto + “moonshots”:
    -3,967,210 ETH at $3,074 per ETH (@coinbase)
    – 193 Bitcoin (BTC)
    – $38 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and
    – complete money of $1.0…

    — Bitmine (NYSE-BMNR) $ETH (@BitMNR) December 15, 2025

    Lee continued to state that the agency has made progress on its staking answer, referred to as The Made in America Validator Community (MAVAN).

    “This would be the ‘best-in-class’ answer providing safe staking infrastructure and shall be deployed in early calendar 2026.”

    Talking on CNBC on Monday, he mentioned that there have been issues concerning the quantum menace and the large deleveraging occasion in October, “however the crypto basic story is exiting on a very excessive be aware this 12 months.”

    “The US authorities handed laws and laws favorable for crypto, and we all know Wall Avenue has expressed lots of curiosity in constructing merchandise on the blockchain … so its virtually like each have nice visibility, however the worth ranges are what’s being unsure.”

    Lee concluded that in crypto, “the very best years are undoubtedly forward.”

    You might also like:

    “I believe we’re within the bleeding edge part the place the whole lot feels just like the tech is in entrance of the purposes,” says Tom Lee of @Fundstrat on AI. “The capabilities will blossom, after which companies will comply with.”https://t.co/55CElC2pig

    — Squawk Field (@SquawkCNBC) December 15, 2025

    Ether Value Loses Help

    Lee’s feedback got here earlier than Ether costs misplaced assist and tanked beneath $3,000 in late buying and selling on Monday. ETH briefly fell beneath $2,900 throughout early buying and selling in Asia on Tuesday, its lowest degree because the large leverage flush on December 2.

    It’s at the moment down 41% from its all-time excessive, and the downtrend seems to be continuing, regardless of the overwhelmingly bullish fundamentals for the community and asset.

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