{"id":72655,"date":"2026-02-16T23:47:03","date_gmt":"2026-02-16T23:47:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=72655"},"modified":"2026-02-16T23:47:03","modified_gmt":"2026-02-16T23:47:03","slug":"blackrock-loads-up-on-bitmine-as-1400-ethereum-target-looms","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=72655","title":{"rendered":"BlackRock Loads Up on Bitmine as $1,400 Ethereum Target Looms"},"content":{"rendered":"<div>\n<p>BlackRock is not acting like it is scared. While headlines warn that Ethereum price could slide toward $1,400, the asset management giant quietly boosted its stake in Bitmine Immersion Technologies by 166% in Q4. That is not cautious behavior.<\/p>\n<p>The position is now worth around $246 million. That is a serious bet on crypto infrastructure, especially tied to the Ethereum ecosystem.<\/p>\n<p>The timing stands out. Prices are shaky, and sentiment is nervous. Yet BlackRock is increasing exposure while others debate where the bottom is.<\/p>\n<p>It looks less like panic and more like positioning. While retail worries about downside targets, big capital appears to be thinking about what comes after the dip.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_6993aba9672f3\" 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_6993aba9672f3-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_6993aba9672f3-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_6993aba9672f3-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_6993aba9672f3-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_6993aba9672f3-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_6993aba9672f3-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_6993aba9672f3-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_6993aba9672f3-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_6993aba9672f3-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_6993aba9672f3-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_6993aba9672f3-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_6993aba9672f3-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2026<\/a><\/strong><\/p>\n<p>It acts as a confusing signal: why would the world\u2019s largest asset manager buy more when prices are crashing? Here is the secret: institutions often buy when retail investors (that\u2019s us) are fearful.<\/p>\n<p>BlackRock isn\u2019t just buying a token; they are buying equity in the \u201cplumbing\u201d of the network. Bitmine focuses on Ethereum staking and validator services, effectively betting on the network\u2019s long-term utility rather than just today\u2019s price.<\/p>\n<p><strong>DISCOVER:<\/strong> <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">The Best Crypto to Buy Now<\/a><\/p>\n<h2>What The $1,400 ETH Price Target Signals<\/h2>\n<p>Even with BlackRock loading up, the near-term picture is not smooth.<\/p>\n<p>Standard Chartered analyst Geoffrey Kendrick has warned that Ethereum could still fall another 25% toward the $1,400 zone. That call is based on recent shakeouts and heavy selling from influential holders.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-large wp-image-336138\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/ethprice-1024x671.jpeg\" alt=\"\" width=\"1024\" height=\"671\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/ethprice-1024x671.jpeg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/ethprice-300x197.jpeg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/ethprice-768x503.jpeg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/ethprice-50x33.jpeg 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/ethprice.jpeg 1372w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><\/p>\n<p>(Source: ETHUSD \/ <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a>)<\/p>\n<p>But there is a clear disconnect. While price struggles, institutional positioning is moving the other way. BlackRock\u2019s stake in Bitmine climbed to more than 9 million shares by the end of 2025. And they are not alone. ARK Invest also added to its position, lifting total ownership to nearly 9.5 million shares.<\/p>\n<p>So you have weak charts on one side and steady accumulation on the other. While traders focus on short-term downside targets, large asset managers are leaning into crypto infrastructure and betting on the longer-term buildout.<\/p>\n<p>So, should you follow the whales? It is tricky. Remember, firms like BlackRock have deep pockets and can afford to be underwater on an investment for years\u2014we might not have that luxury.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top Solana Meme Coins to Buy in 2026\u00a0<\/a><\/strong><\/p>\n<p><strong>Follow <a class=\"general-link\" href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"nofollow noopener\">99Bitcoins on X<\/a> For the Latest Market Updates and <a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"nofollow noopener\">Subscribe on YouTube<\/a> For Daily Expert Market Analysis.<\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/blackrock-buys-bitmine-shares-ethereum-target\/\">BlackRock Loads Up on Bitmine as $1,400 Ethereum Target Looms<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock is not acting like it is scared. While headlines warn that Ethereum price could slide toward $1,400, the asset management giant quietly boosted its stake in Bitmine Immersion Technologies by 166% in Q4. That is not cautious behavior. The position is now worth around $246 million. That is a serious bet on crypto infrastructure, [&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-72655","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\/72655","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=72655"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/72655\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}