Bitmine bought the dip, making its biggest ether purchase in 2026 as prices tanked

60-second summary
Bitmine is aggressively buying into the dip, making its largest ether purchase in 2026 with 126,971 ETH worth approximately $214 million at current prices, defying chairman Tom Lee's earlier caution to slow purchases. This significant move comes as prices tank, with ether plummeting to new lows, sparking market speculation about Bitmine's strategy and potential market influence.
The company bought 126,971 ETH last week, worth roughly $214 million at current prices, despite chairman Tom Lee's earlier calls to slow purchases.