BitMine Immersion Technologiesmade a new investment of approximately 44 million dollars with the purchase of 14,618 ETH. lookonchainAccording to data based on Arkham data, the transaction was transferred from the BitGo wallet to the address “0xbd0…E75B8” in the early hours of the day, but no official statement has been made from the company yet. This step is BitMine’s Ethereum 
$3,022.03 It shows that the accumulation strategy continues and confidence in the long-term potential of the market continues.
BitMine’s Goal is to Acquire 5 Percent of Ethereum Supply
BitMine announced a $200 million Ethereum purchase a few days ago, thus increasing the total Ethereum reserve to 3 million 629,701 ETH. The value of the company’s holdings reaches approximately $10.9 billion, accounting for approximately 3 percent of the total ETH supply. Chairman of the Board Tom LeeEthereum is neutral in financial markets blockchain He often emphasizes that it is positioned as a company and that Wall Street will prefer this structure in the future.
BitMine aims to reach 5 percent of the total supply in its long-term strategy. The company’s acquisitions reveal the continued interest of institutional investors in Ethereum and the adoption of decentralized financial infrastructures by large institutions.
Bullish Expectation for Ethereum and Bitcoin from Tom Lee
cryptocurrency marketDespite the declines in recent weeks, Tom Lee argues that Ethereum has a strong recovery potential. Experienced analyst in a podcast broadcast he participated in ETH He predicted that the coin’s price would bottom at $2,500 and rise to the $7,000–9,000 range by January 2026. In his statement on CNBC, he stated that the US Federal Reserve (Fed) will ease the pressure on the market by following a more dovish policy at the end of the year, and this will support crypto assets.
Lee also Bitcoin 
$91,474.18He stated that it could rise above $100,000 before the end of 2025. According to The Block’s price data, Bitcoin is traded at $ 91,309, while Ethereum finds buyers at $ 3,018. According to analysts, BitMine’s aggressive buying policy points to a period in which the long-term value of Ethereum is confirmed on an institutional scale.
