{"id":75561,"date":"2026-03-09T17:01:31","date_gmt":"2026-03-09T17:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=75561"},"modified":"2026-03-09T17:01:31","modified_gmt":"2026-03-09T17:01:31","slug":"tom-lee-predicts-ethereum-to-bottom-this-week-as-bitmine-buys-60976-eth","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=75561","title":{"rendered":"Tom Lee Predicts Ethereum To Bottom This Week As BitMine Buys 60,976 ETH"},"content":{"rendered":"<div>\n<p><strong>BitMine Immersion Technologies<\/strong> <a class=\"ticker-link\" data-ticker=\"BMNR\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BMNR\">BMNR<\/a>) purchased 60,976 <strong>Ethereum<\/strong> <a class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) previous week and forecasts ETH to bottom between March 8-14.<\/p>\n<h3 class=\"wp-block-heading\">The 61,000 ETH Purchase<\/h3>\n<p>BitMine <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-4-535-million-tokens-and-total-crypto-and-total-cash-holdings-of-10-3-billion-302708118.html\">acquisition<\/a> exceeds the recent weekly average of 45,000-50,000, with total holdings reaching 4,534,563 ETH at $1,965 per ETH.<\/p>\n<p>The company now owns 3.76% of the ETH supply, over 75% of the way to the \u201cAlchemy of 5%\u201d target in just eight months.<\/p>\n<p>Total crypto and cash holdings reached $10.3 billion, including 4.5 million ETH, $1.2 billion in cash, 195 <strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), $200 million stake in Beast Industries, and $14 million stake in Eightco Holdings.<\/p>\n<p>BitMine has 3,040,483 staked ETH representing $6.0 billion at $1,965 per token. This represents 67% &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51136273\/tom-lee-predicts-ethereum-to-bottom-this-week-as-bitmine-buys-60976-eth?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Tom\" lee predicts ethereum to bottom this week as bitmine buys eth>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies (NYSE:BMNR) purchased 60,976 Ethereum (CRYPTO: ETH) previous week and forecasts ETH to bottom between March 8-14. The 61,000 ETH Purchase BitMine acquisition exceeds the recent weekly average of 45,000-50,000, with total holdings reaching 4,534,563 ETH at $1,965 per ETH. The company now owns 3.76% of the ETH supply, over 75% of the [&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-75561","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\/75561","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=75561"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75561\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}