{"8fce305dbad52eb9f795ce059405a237":"BitMine Immersion Technologies (BMNR) has continued its buying blitz, adding another 203,826 ETH to its balance sheet and pushing its total holdings to 3.24 million Ethereum\u2014around 2.7% of the entire circulating supply.","df975097c14945666f84c5808455a24b":"This latest purchase further cements BitMine\u2019s status as the largest Ethereum-focused treasury among publicly traded companies. The firm\u2019s total war chest now exceeds $1.34 billion, combining $219 million in cash, 192 BTC, and $119 million in equity tied to Eightco Holdings.","c113ef0eb1c3ba982f7ca8d8525e64a6":"Turning Volatility Into Opportunity ","b51e87fb2898e4a1ade7aa5c2b19aa05":"For most traders, the recent 10% slide in Ether\u2019s price has been a signal to step back. For BitMine, it was a green light. Chairman Tom Lee described the market turmoil as a \u201chistoric deleveraging\u201d that exposed short-term weakness but long-term opportunity. \u201cEthereum\u2019s fundamentals remain unmatched,\u201d Lee said, calling the asset \u201ca neutral settlement layer for the future of institutional finance.\u201d","3441375fd16dbb82cb2b83539785fb1a":"BitMine has been steadily accumulating ETH all month, snapping up tokens during the market\u2019s steepest drops. Onchain data shows a 104,000 ETH transfer into BitMine-linked wallets last week, part of a broader buying spree that has seen its balance grow from 3 million to over 3.2 million ETH in just a few weeks.","340a46796d3c4e6d7f43907e579922df":" READ MORE: ","456ef6df092b224b2a7142c723d84a2c":" Dogecoin ETF Nears Nasdaq Debut as SEC Resumes Work After Shutdown ","1e47d5aeed93e552086c32d8499adead":"Building Toward a 5% Goal ","da8d1f948bbc0e271ccf62e8cdde5023":"The company\u2019s goal, according to its long-term roadmap, is to eventually control 5% of Ethereum\u2019s total supply, positioning itself as a key corporate anchor within the ecosystem. BitMine\u2019s approach mirrors what MicroStrategy did for Bitcoin\u2014but with a focus on Ethereum\u2019s smart contract economy rather than a pure store-of-value narrative.","ec34887f37b786c6bc55a6db0c641005":"Lee said the latest purchases were made during what he views as a temporary \u201cprice dislocation,\u201d calling it a \u201cSupercycle opportunity\u201d for Ethereum. He expects growing institutional adoption to continue, especially as ETH reestablishes dominance in DeFi, staking, and tokenization sectors.","5de72699abd2e8e5d6446b8dd514b80a":"Despite Ethereum\u2019s recent price drop, which has hovered around $4,000, BMNR shares surged 7% in Monday trading following the announcement, signaling that traditional investors are warming to the company\u2019s accumulation strategy.","11eea49cf53208406f33bbe6fc16996d":"The Bigger Picture ","953dfb603c1c60d9056aaeab46ae14c1":"BitMine\u2019s move underscores a new phase in corporate crypto accumulation\u2014one that goes beyond speculative trading and toward strategic reserve management. As the crypto landscape becomes more institutional, BitMine\u2019s Ethereum-heavy balance sheet could prove to be a template for future treasuries diversifying beyond Bitcoin.","c636e8dc5b876371a7437cfb86aaa9c4":"If the firm maintains its current pace, it could reach its 5% goal far sooner than expected\u2014quietly becoming one of the most influential players in the Ethereum economy.","326bad9799618454008c9716329b7257":"The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.","f6a4442ae2e8bf8e14e9b55cbcf2df87":"The post Ethereum Whale BitMine Buys the Dip, Now Controls 2.7% of Supply appeared first on Coindoo."}