Bitmine Immersion Technologies has taken advantage of the recent dip in Ether’s price, acquiring an additional 14,665 ETH worth roughly $64.7 million at today’s market value, according to Arkham Intelligence. This move follows a significant price prediction by Fundstrat and adds to their existing massive ETH holdings, making them the world’s largest Ether treasury company with over 1.8 million ETH, valued around $8.2 billion. The firm’s bold investment strategy is fueled by Fundstrat’s recent predictions of a potential 54x surge in Ether price, which suggests the asset could reach prices as high as $75,000 in the future. Other analysts are taking a more conservative approach. Standard Chartered’s Geoff Kendrick recently adjusted his year-end target for Ether to $7,500 from $4,000, and predicts that by 2028 it will reach $25,000. This follows the recent announcement of Etherealize’s $40 million funding round led by Electric Capital and Paradigm. This investment will help the firm expand its efforts to educate financial institutions about Ethereum’s potential and how it fits into the future of finance. Ether prices were initially in a downward trend, reaching lows of just above $4,300 before recovering to $4,480 before declining to the current price of $4,400 at press time.