BitMine ETH Holdings Don Rise To 3.63M Amid Market Wahala

BitMine Immersion Technology don add 69,822 ETH inside dia company treasury, bring total ETH holdings to 3.63 million tokens (about 3% of di circulating supply). Dis $195M–$205M purchase happen as Ethereum price fall 27%. Di firm wan reach 5% of supply before dem expect big Ethereum supercycle. BitMine shares jamp 20% after di announcement but still over 30% below last month level because market no stable. ETH brief trade near $2,936 and Bitcoin (BTC) rise to about $87,968 as di Crypto Fear and Greed Index remain low. CEO Tom Lee talk say dem trust blockchain future well well and connect dis move to their upcoming Made in America Validator Network (MAVAN) launch for early 2026. MAVAN go provide secure staking infrastructure for both big and small investors. Dis bold increase for BitMine ETH holdings different from others wey focus on liquidity. E show say institution dem still dey want digital assets even as price and liquidity no too strong.