BitMine Buys The Dip, Ethereum Stash Tops 3M ETH

BitMine Immersion Applied sciences introduced on Monday that its Ether holdings had topped 3 million ETH. It now owns higher than 2.5% of the ETH token provide, “now on the midway level because it strikes towards the ‘Alchemy of 5%’,” it acknowledged.

The corporate’s Ether, crypto, and money holdings had been price $12.9 billion as of October 13, and almost all of that’s ETH. It additionally holds 192 BTC and stakes in a number of crypto firms.

🧵

BitMine supplied its newest holdings replace for Oct 13, 2025:

$12.9 billion in whole crypto + “moonshots”:

– 3,032,188 ETH at $4,154 per ETH (Bloomberg)
– 192 Bitcoin (BTC)
– $135 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and
– unencumbered…

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) October 13, 2025

Ethereum DATs Maintain Shopping for

“The crypto liquidation over the previous few days created a worth decline in ETH, which BitMine took benefit of,” mentioned Tom Lee of Fundstrat, and chairman of BitMine.

The agency bought 202,037 tokens over the previous few days, pushing its holdings to three,032,188 ETH. Lee went on to clarify how the leverage flushout and volatility induced panic promoting and reductions to asset fundamentals.

“Volatility creates deleveraging, and this will trigger property to commerce at substantial reductions to fundamentals, or as we are saying, ‘substantial low cost to the longer term’ and this creates benefits for buyers, on the expense of merchants.”

Thousands and thousands of merchants had been liquidated when markets tanked following insider whales opening huge quick positions simply earlier than a significant announcement from the US President.

BitMine inventory (BMNR) surged greater than 8% on Monday to achieve $56.85 earlier than dipping barely in after-hours buying and selling. Shares within the agency have soared a whopping 1,200% because it began accumulating Ether in late June.

“The mixed buying and selling quantity share of BitMine and MSTR [Strategy] is now 88% of all world DAT buying and selling quantity,” added Lee.

TOM LEE BOUGHT $834M $ETH

Bitmine has been shopping for the dip on ETH. They bought $834M of $ETH over the previous week.

Bitmine at the moment holds $12.52 BILLION of $ETH, over midway to their purpose of proudly owning 5% of ETH provide. pic.twitter.com/MZaE0inQGJ

— Arkham (@arkham) October 13, 2025

The second-largest Ether treasury agency is SharpLink Gaming, which hasn’t purchased the dip not too long ago however holds 838,727 ETH price roughly $3.54 billion, based on SER.

Michael Saylor’s Technique additionally made an acquisition final week, scooping up 220 BTC for roughly $27 million.

ETH Value Outlook

Ether costs have continued to get better from an intraday dump to $4,060 to achieve $4,285 in late buying and selling on Monday. Nevertheless, it has retreated again to $4,100 throughout the Tuesday morning Asian buying and selling session and stays inside its range-bound channel. Analysts stay bullish for a This autumn or Q1 2026 rally for ETH into 5 figures.

In associated information, Bhutan celebrated a historic milestone on Monday, changing into the primary nation to anchor its nationwide digital identification system on Ethereum.

The publish BitMine Buys The Dip, Ethereum Stash Tops 3M ETH appeared first on CryptoPotato.

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