OMG, you can see BitMine adding 10,452 ETH to its treasury. Oppssss this purchase is worth 24 million dollars. Ha ha ha ha the company just keeps buying every single week.
This is a treasury strategy, meaning a company holds crypto on its balance sheet. BitMine started this plan in June 2025. Tom Lee is the chairman. The firm now holds about 6.05 million ETH. This makes it the largest Ethereum treasury company in the world.
You might wonder what this means for your own portfolio. A large buyer can affect market sentiment. However, you should also note the pace. The company bought 15,112 ETH in early October. It bought 12,532 ETH on October 12. The weekly purchase size is getting smaller as it gets closer to its target.
Analysts are watching this trend. If the company stops buying, it could change market dynamics. If it continues at a slower pace, the impact may be more limited. Both directions are possible. The key signal is the official weekly disclosure.
What is your main focus right now, the buying pace or the total holdings. I am holding my positions and watching the market.
👉This is not financial advice. #BitMine #ETH
$ETH
This is a treasury strategy, meaning a company holds crypto on its balance sheet. BitMine started this plan in June 2025. Tom Lee is the chairman. The firm now holds about 6.05 million ETH. This makes it the largest Ethereum treasury company in the world.
You might wonder what this means for your own portfolio. A large buyer can affect market sentiment. However, you should also note the pace. The company bought 15,112 ETH in early October. It bought 12,532 ETH on October 12. The weekly purchase size is getting smaller as it gets closer to its target.
Analysts are watching this trend. If the company stops buying, it could change market dynamics. If it continues at a slower pace, the impact may be more limited. Both directions are possible. The key signal is the official weekly disclosure.
What is your main focus right now, the buying pace or the total holdings. I am holding my positions and watching the market.
👉This is not financial advice. #BitMine #ETH
$ETH















