CryptoBullishCoinDesk · 3h ago6/10
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Bitmine bought the dip, making its biggest ether purchase in 2026 as prices tanked
Bitmine purchased 126,971 ETH (approximately $214 million) last week during a market dip, marking its largest ether acquisition in 2026, despite chairman Tom Lee's previous guidance to reduce purchase activity. This contrarian move signals institutional confidence in ethereum's valuation at lower price levels.
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