Bitmine Buys 2.6 Million ETH and Builds a $10.9 Billion Treasury

Bitmine has quietly loaded up on Ethereum. Over the past few weeks, the company bought 2.6 million ETH during market dips, pushing its crypto treasury to a massive $10.9 billion. This was not a one-time splash, but a series of buys timed when prices were low. While others were panicking or sitting on the sidelines,.. The post Bitmine Buys 2.6 Million ETH and Builds a $10.9 Billion Treasury appeared first on 99Bitcoins.

crypto

Sep 30, 2025 - 09:00

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Bitmine has quietly loaded up on Ethereum. Over the past few weeks, the company bought 2.6 million ETH during market dips, pushing its crypto treasury to a massive $10.9 billion. This was not a one-time splash, but a series of buys timed when prices were low. While others were panicking or sitting on the sidelines, Bitmine saw an opportunity and went for it.

Buying the Dip on Purpose

Bitmine did not stumble into these buys by accident. It waited for ETH to drop, then moved fast. The pattern is clear: buy when the market pulls back, stack when others hesitate. It is a move that says the company sees value in Ethereum and is not just here for the short-term gains.