4D
...
BitMine Immersion Technologies has reportedly added 14,618 ETH to its growing corporate treasury, according to Lookonchain’s review of Arkham data. The purchase—worth $44.34 million and traced to a BitGo-linked wallet—has yet to receive official confirmation from the company. The move follows BitMine’s recent disclosure of a $200 million ETH acquisition, bringing its officially reported holdings to 3.63 million ETH, or roughly 3% of Ethereum’s total supply, as it continues pursuing its goal of reaching 5%.
Company chairman Tom Lee has repeatedly voiced strong support for Ethereum, calling it a “truly neutral chain” favored by major financial institutions and potentially by future U.S. government blockchain initiatives. BitMine continues positioning itself as Ethereum’s largest corporate backer amid market volatility.
Crypto prices have been sliding for weeks, but Lee remains bullish. He forecast ETH to bottom near $2,500 before climbing toward $7,000–$9,000 by January 2026. He also expects the Federal Reserve to turn more supportive by year-end—potentially helping bitcoin surge past $100,000 and possibly set a new all-time high.
