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via Decrypt · By Decrypt Editorial
Tom Lee's BitMine Buys the Dip Amid 'Superficial' Crypto Selloff, Adding $214M in Ethereum
ETH
ETH/USDT
$2,681.75
-0.33%
$2,681.75
-0.33%
(24s)24h Volume
$13,058,798,814.92
24h H/L
$2,706.00 / $2,600.15
Change: $105.85 (4.07%)
Long/Short
60.4%
Long: 60.4%Short: 39.6%
Funding Rate
+0.0008%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(03:18 PM UTC)
1 min read
Leading Ethereum treasury firm BitMine Immersion Technologies made its largest ETH-denominated purchase of 2026 last week, adding 126,971 ETH or around $214 million worth of the second-largest cryptocurrency by market cap.
The firm’s major acquisition comes amid what the firm sees as a “strengthening case” for Ethereum following the AI-assisted discovery of a vulnerability in privacy protocol…
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