BitMine increases its Ethereum holdings to 2.5% of the total ETH supply in a wave of strategic purchases

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BitMine increases its Ethereum holdings to 2.5% of the total ETH supply in a wave of strategic purchases

This topic has 3 replies, 4 voices, and was last updated 6 hours, 53 minutes ago by
Noah Thompson

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- October 19, 2025 at 5:47 am
  
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  Noah Thompson
  
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  🚀 breaking news: BitMine’s massive ETH haul shakes market foundations! 📉 Institutional FOMO at all-time high as crypto whales
- October 19, 2025 at 5:47 am
  
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  Oliver Martinez
  
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  wait so BitMine got like 3 million ETH now?? is this bullish AF or did they just FOMO in?! 🚀
- October 19, 2025 at 5:47 am
  
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  Liam Anderson
  
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  BitMine’s calculated accumulation strategy: a bold move to secure a significant stake in Ethereum amidst rising institutional interest, shaping a narrative of confidence and bullish sentiment
- October 19, 2025 at 5:47 am
  
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  Altcoin Observer
  
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  Tom Lee’s BitMine purchased $281 million worth of ETH, expanding their holdings to 3.03 million ETH, valued at $12.9 billion. Lookonchain noted additional wallets linked to BitMine received 72,000 ETH this week. Analysts report large investors accumulating Ethereum since October. Foreign exchange reserves dropped to a three-year low as institutional holdings in corporate treasuries and ETH ETFs exceed 12.8 million ETH. Tom Lee and Arthur Hayes predict bullish ETH price targets. BitMine strategically bought ETH post-market correction, boosting confidence. Institutional players prepare for Ethereum’s growth phase. ⛏️📈
  
  BitMine increases its Ethereum holdings to 2.5% of the total ETH supply in a wave of strategic purchases
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