Bitmine just grabbed another $49M of ETH even while prices tank.
Now sitting on 3.5M ETH worth $10B – second only to Strategy.
Tom Lee says market makers are still broke from October crash, so pain lasts a few more weeks.
Bitmine just scooped up another 17,242 ETH for about $49 million on November 21. Which is pushing its total stash to roughly 3.5 million ETH worth over $10 billion. That puts them right behind Strategy as the biggest corporate Ethereum holder. Even with ETH sliding hard to $2,780 and the whole market looking rough, Bitmine keeps stacking.
Bitmine has further bought 17,242 $ETH, worth $49.07M, from #FalconX and #BitGo.https://t.co/1vbYSuHbaphttps://t.co/s9hkSLhsCe pic.twitter.com/4nQbPLWrCO
— Onchain Lens (@OnchainLens) November 20, 2025
The old mining outfit turned treasury giant is dead set on grabbing around 5% of all Ethereum out there someday. They fund the buys with fresh cash raises, staking rewards, and quiet OTC deals through desks lik
We współpracy z: https://thenewscrypto.com/bitmine-buys-49m-more-eth-during-dip/
