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by: xpoolPosted on: November 30, 2025

BitMine Acquires $10.8 Billion Worth of Ethereum

BitMine Immersion, led by prominent crypto strategist Tom Lee, recently acquired a significant stake in the Ethereum network by purchasing 3.63 million ETH worth approximately $10.8 billion on November 24, 2025. This acquisition marks a substantial shift in market dynamics as it raises questions about Ethereum’s future supply and potential price fluctuations.

Related posts:

  1. BitMine Acquires $838 Million Ethereum Amid Market Turbulence
  2. Crypto Market Liquidations: Causes, Effects, and Outlook
  3. Ethereum’s Liquidity Signals Potential Breakout Above $17,000
  4. BitMine Aims to Control 5% of Ethereum Supply
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