{"id":63853,"date":"2025-12-16T17:17:27","date_gmt":"2025-12-16T17:17:27","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=63853"},"modified":"2025-12-16T17:17:27","modified_gmt":"2025-12-16T17:17:27","slug":"bitmine-continues-to-buy-the-dip-scooping-100m-eth-in-a-week","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=63853","title":{"rendered":"BitMine Continues to Buy The Dip, Scooping 100M ETH in a Week"},"content":{"rendered":"<div>\n<p>Retail traders may be panic-selling Ether today, but Tom Lee\u2019s BitMine Immersion Technologies remains bullish.\u00a0\u00a0The company reported on Monday that it had accumulated 102,259 ETH worth more than $300 million over the past week.<\/p>\n<blockquote>\n<p>\u201cTom Lee still has $1 billion in cash. Will he keep buying the dip?\u201d <a href=\"https:\/\/x.com\/arkham\/status\/2000644241735799262\">asked<\/a> Arkham Intelligence<\/p>\n<\/blockquote>\n<h2>Lee Remains Bullish on Ether<\/h2>\n<p>\u201cCrypto prices have stabilized in the past week, further evidence that crypto prices have begun to recover after the price shock of October 10th,\u201d said Tom Lee. However, this was before the market <a href=\"https:\/\/cryptopotato.com\/bitcoins-sudden-breakdown-sparks-210m-liquidation-storm-in-1-hour\/\">crash<\/a> yesterday.<\/p>\n<p>BitMine currently holds 3.97 million ETH, or approximately 3.2% of the total supply, valued at around $11.6 billion. It also holds 193 BTC worth around $16.5 million and has $1 billion in cash.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f9f5.png\" alt=\"\ud83e\uddf5\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><br \/>\nBitMine provided its latest holdings update for Dec 15th, 2025:<\/p>\n<p>$13.2 billion in total crypto + \u201cmoonshots\u201d:<br \/>\n-3,967,210 ETH at $3,074 per ETH (<a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\">@coinbase<\/a>)<br \/>\n\u2013 193 Bitcoin (BTC)<br \/>\n\u2013 $38 million stake in Eightco Holdings (NASDAQ: ORBS) (\u201cmoonshots\u201d) and<br \/>\n\u2013 total cash of $1.0\u2026<\/p>\n<p>\u2014 Bitmine (NYSE-BMNR) $ETH (@BitMNR) <a href=\"https:\/\/twitter.com\/BitMNR\/status\/2000575612352667719?ref_src=twsrc%5Etfw\">December 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Lee continued to state that the firm has made progress on its staking solution, known as The Made in America Validator Network (MAVAN).<\/p>\n<blockquote>\n<p>\u201cThis will be the \u2018best-in-class\u2019 solution offering secure staking infrastructure and will be deployed in early calendar 2026.\u201d<\/p>\n<\/blockquote>\n<p>Speaking on CNBC on Monday, he said that there have been concerns about the quantum threat and the huge deleveraging event in October, \u201cbut the crypto fundamental story is exiting on a really high note this year.\u201d<\/p>\n<blockquote>\n<p>\u201cThe US government passed legislation and regulations favorable for crypto, and we know Wall Street has expressed a lot of interest in building products on the blockchain \u2026 so its almost like both have great visibility, but the price levels are what\u2019s being uncertain.\u201d<\/p>\n<\/blockquote>\n<p>Lee concluded that in crypto, \u201cthe best years are definitely ahead.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\u201cI think we\u2019re in the bleeding edge phase where everything feels like the tech is in front of the applications,\u201d says Tom Lee of <a href=\"https:\/\/twitter.com\/fundstrat?ref_src=twsrc%5Etfw\">@Fundstrat<\/a> on AI. \u201cThe capabilities will blossom, and then services will follow.\u201d<a href=\"https:\/\/t.co\/55CElC2pig\">https:\/\/t.co\/55CElC2pig<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/2000540841123688862?ref_src=twsrc%5Etfw\">December 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Ether Price Loses Support<\/h2>\n<p>Lee\u2019s comments came before Ether prices lost support and tanked below $3,000 in late trading on Monday.\u00a0ETH briefly fell below $2,900 during early trading in Asia on Tuesday, its lowest level since the big leverage flush on December 2.<\/p>\n<p>It is currently down 41% from its all-time high, and the downtrend appears to be <a href=\"https:\/\/cryptopotato.com\/this-fractal-chart-pattern-could-send-eth-back-to-2500-analyst\/\">continuing<\/a>, despite the overwhelmingly bullish fundamentals for the network and asset.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitmine-continues-to-buy-the-dip-scooping-100m-eth-in-a-week\/\">BitMine Continues to Buy The Dip, Scooping 100M ETH in a Week<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Retail traders may be panic-selling Ether today, but Tom Lee\u2019s BitMine Immersion Technologies remains bullish.\u00a0\u00a0The company reported on Monday that it had accumulated 102,259 ETH worth more than $300 million over the past week. \u201cTom Lee still has $1 billion in cash. Will he keep buying the dip?\u201d asked Arkham Intelligence Lee Remains Bullish on [&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-63853","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\/63853","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=63853"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/63853\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}