Cryptocurrency8 Jun 2026SEO 801 min read

Analysis: Bitmine bought the dip, making its biggest ether purchase in 2026 as prices tan…

The company bought 126,971 ETH last week, worth roughly $214 million at current prices, despite chairman Tom Lee's earlier calls to slow purchases. Bitmin…

The company bought 126,971 ETH last week, worth roughly $214 million at current prices, despite chairman Tom Lee's earlier calls to slow purchases. Bitmine bought 126,971 ether last week, bringing the firm's total crypto, cash and investment holdings to $9.9 billion. That was the company's biggest weekly acquisition in 2026 despite earlier calls for slowing purchases. "We increased our buying as we believe this pullback in ETH prices does not reflect the strengthening of Ethereum…

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