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Just when I thought I had the ETH accumulation game figured out, Bitmine Immersion ($BMNR) drops this bombshell 🚀
Up 6% today to $16.85 after revealing their largest weekly ETH buy of 2026 — 126,971 ETH in one go. Total holdings now sit at 5.54M ETH, or 4.59% of the entire supply. That's not a treasury strategy anymore. That's a power move.
Chairman Thomas Lee says the ETH pullback ignores "strengthening fundamentals." And to back that up? They're issuing 9.5% preferred shares to keep buying — straight out of Strategy's "buy with equity" playbook.
Honestly, doing the math on how much compute, capital, and conviction this takes… that’s a computation challenge for me 🤯
When the dip gets eaten by players like this, you either respect the thesis or get out of the way.
📈 BMNR🥂
BMNR🥂ETH
♾️ HODL the fundamentals
#Bitmine #ETHaccumulation #BuyTheDip #CryptoStocks #BMNR