BitMine Adds $70M in Ether Holdings Amid Dip; Lee Shifts Bitcoin Peak Outlook to January

Dec 02 2025 bitcoin


BitMine Immersion Technologies recently purchased 23,773 Ether worth about $70 million over three days amid market declines, boosting its holdings and signaling confidence in Ethereum's future despite short-term losses. BitMine's strategic Ether acquisition highlights institutional interest in Ethereum during volatility. Chairman Tom Lee adjusted Bitcoin predictions, now eyeing a potential all-time high by January 2026. [...]

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