{"id":50149,"date":"2025-09-29T23:01:47","date_gmt":"2025-09-29T23:01:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=50149"},"modified":"2025-09-29T23:01:47","modified_gmt":"2025-09-29T23:01:47","slug":"bitmine-buys-2-6-million-eth-and-builds-a-10-9-billion-treasury","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=50149","title":{"rendered":"Bitmine Buys 2.6 Million ETH and Builds a $10.9 Billion Treasury"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Bitmine has quietly loaded up on Ethereum. <\/span><span data-preserver-spaces=\"true\">Over the past few weeks, the company <\/span><span data-preserver-spaces=\"true\">bought<\/span><span data-preserver-spaces=\"true\"> 2.6 million ETH during market dips, <\/span><span data-preserver-spaces=\"true\">pushing<\/span><span data-preserver-spaces=\"true\"> its crypto treasury to a massive $10.9 billion.<\/span><span data-preserver-spaces=\"true\"> This was not a one-time splash, but a series of buys timed when prices were low. <\/span><span data-preserver-spaces=\"true\">While others were panicking or sitting on the sidelines, Bitmine <\/span><span data-preserver-spaces=\"true\">saw an<\/span><span data-preserver-spaces=\"true\"> opportunity and <\/span><span data-preserver-spaces=\"true\">went for it<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Buying the Dip on Purpose<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Bitmine did not stumble into these buys by accident. It waited for ETH to drop, then moved fast. The pattern is clear: buy when the market pulls back, stack when others hesitate. <\/span><span data-preserver-spaces=\"true\">It is a move that <\/span><span data-preserver-spaces=\"true\">says<\/span><span data-preserver-spaces=\"true\"> the company <\/span><span data-preserver-spaces=\"true\">sees value in<\/span><span data-preserver-spaces=\"true\"> Ethereum and is not just here for <\/span><span data-preserver-spaces=\"true\">the<\/span><span data-preserver-spaces=\"true\"> short-term gains.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> MASSIVE PURCHASE OF ETHEREUM BY TOM LEE &amp; BITMINE <a href=\"https:\/\/twitter.com\/search?q=%24BMNR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$BMNR<\/a> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Yesterday they purchased 209,946 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$ETH<\/a> $837M in n a single day! <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f4b0.png\" alt=\"\ud83d\udcb0\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f525.png\" alt=\"\ud83d\udd25\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>With Tom Lee <a href=\"https:\/\/twitter.com\/fundstrat?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@fundstrat<\/a> as Chairman, this move marks a massive step on the road to 5% <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$ETH<\/a> adoption.<\/p>\n<p>The path to $5K ETH just got clearer. Are you\u2026 <a href=\"https:\/\/t.co\/fuNLwfAw21\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/fuNLwfAw21<\/a><\/p>\n<p>\u2014 BMNR Bullz (@PrimeBullz) <a href=\"https:\/\/twitter.com\/PrimeBullz\/status\/1971481529881698338?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">September 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">This kind of strategy shows they are thinking far ahead, not just trying to ride the next rally.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">What the Treasury Looks Like Now<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">With this new ETH haul, Bitmine\u2019s treasury is now one of the largest in the crypto space. <\/span><span data-preserver-spaces=\"true\">Most of that $10.9 billion is now tied to <\/span><span data-preserver-spaces=\"true\">Ethereu<\/span><span data-preserver-spaces=\"true\">m<\/span><span data-preserver-spaces=\"true\">.<\/span> <span data-preserver-spaces=\"true\">We do not know how much they still hold in cash or other coins, but the ETH portion is <\/span><span data-preserver-spaces=\"true\">front and center<\/span><span data-preserver-spaces=\"true\">. <\/span><span data-preserver-spaces=\"true\">That<\/span><span data-preserver-spaces=\"true\"> kind of weight behind a single asset shows <\/span><span data-preserver-spaces=\"true\">real<\/span><span data-preserver-spaces=\"true\"> belief in where Ethereum is <\/span><span data-preserver-spaces=\"true\">going<\/span><span data-preserver-spaces=\"true\"> next.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">The Risk of Going All In<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Putting<\/span><span data-preserver-spaces=\"true\"> billions <\/span><span data-preserver-spaces=\"true\">into one<\/span><span data-preserver-spaces=\"true\"> asset is never a <\/span><span data-preserver-spaces=\"true\">small<\/span><span data-preserver-spaces=\"true\"> move.<\/span> <span data-preserver-spaces=\"true\">If Ethereum <\/span><span data-preserver-spaces=\"true\">keeps growing<\/span><span data-preserver-spaces=\"true\">, Bitmine stands to benefit <\/span><span data-preserver-spaces=\"true\">in a big way<\/span><span data-preserver-spaces=\"true\">.<\/span> <span data-preserver-spaces=\"true\">But<\/span><span data-preserver-spaces=\"true\"> if something goes wrong, whether <\/span><span data-preserver-spaces=\"true\">it\u2019s<\/span><span data-preserver-spaces=\"true\"> regulation, technical issues, or a shift in the market, that concentration could <\/span><span data-preserver-spaces=\"true\">hurt<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> This is the kind of bet that either looks genius later or reckless, depending on how the market plays out.<\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_68db0a4bea6b4\" data-coin-id=\"eth\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_68db0a4bea6b4-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_68db0a4bea6b4-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_68db0a4bea6b4-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_68db0a4bea6b4-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_68db0a4bea6b4-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_68db0a4bea6b4-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_68db0a4bea6b4-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_68db0a4bea6b4-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_68db0a4bea6b4-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_68db0a4bea6b4-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_68db0a4bea6b4-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_68db0a4bea6b4-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<h3><span data-preserver-spaces=\"true\">Why This Matters to Everyone Else<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Big players like Bitmine don\u2019t usually make moves like this without serious planning. So when they step in this heavily, people notice. It sends a signal to the market that Ethereum is being treated like a long-term asset, not a passing trend. <\/span><span data-preserver-spaces=\"true\">This might also <\/span><span data-preserver-spaces=\"true\">nudge<\/span><span data-preserver-spaces=\"true\"> other companies to <\/span><span data-preserver-spaces=\"true\">rethink<\/span><span data-preserver-spaces=\"true\"> their own <\/span><span data-preserver-spaces=\"true\">crypto<\/span><span data-preserver-spaces=\"true\"> strategies.<\/span> <span data-preserver-spaces=\"true\">Moves like this can <\/span><span data-preserver-spaces=\"true\">start<\/span><span data-preserver-spaces=\"true\"> to <\/span><span data-preserver-spaces=\"true\">change<\/span><span data-preserver-spaces=\"true\"> how the industry <\/span><span data-preserver-spaces=\"true\">views<\/span><span data-preserver-spaces=\"true\"> digital assets on the balance sheet.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">What to Keep an Eye On<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Now that Bitmine has made this move, the question is what comes next. Will they keep buying? Will they reveal more about how their treasury is structured? Are they planning to use ETH for something beyond holding it? And if the price of Ethereum moves sharply in either direction, how will they respond? These are the kinds of details that could shape how people view Bitmine, and maybe how others manage their own crypto plans.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Bitmine\u2019s ETH play is bold, plain <\/span><span data-preserver-spaces=\"true\">and<\/span><span data-preserver-spaces=\"true\"> simple. Whether that pays off or not, they\u2019ve made it clear where they believe the future is headed.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Bitmine bought 2.6 million ETH during recent market dips, growing its crypto treasury to $10.9 billion.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The buys were intentional and timed, showing a strategy of stacking ETH when prices pull back.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Most of Bitmine\u2019s treasury is now tied to Ethereum, signaling a <\/li>\n<p><\/span><span data-preserver-spaces=\"true\">strong<\/span><span data-preserver-spaces=\"true\"> belief in ETH\u2019s long-term value.<br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The move carries major upside but also high risk, with Bitmine heavily concentrated in a single asset.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Bitmine\u2019s actions could influence how other companies approach crypto on their balance sheets.    <\/li>\n<p>    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><br \/>\n    <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/bitmines-ethereum-treasury-tops-10-9b-after-buying-2-6m-eth\/\">Bitmine Buys 2.6 Million ETH and Builds a $10.9 Billion Treasury<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitmine has quietly loaded up on Ethereum. Over the past few weeks, the company bought 2.6 million ETH during market dips, pushing its crypto treasury to a massive $10.9 billion. This was not a one-time splash, but a series of buys timed when prices were low. While others were panicking or sitting on the sidelines, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-50149","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50149"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/50149\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}