BitMine’s Aggressive Ethereum Accumulation Amidst Market Dip

Ethereum treasury firm BitMine Immersion Technologies significantly increased its holdings of the cryptocurrency last week, adding a substantial 96,798 ether to its portfolio. This move comes as the company accelerates accumulation ahead of the upcoming Fusaka upgrade scheduled for December 3rd. Despite market trends pointing toward reduced investments, BitMine’s strategy sets it apart as one of the largest Ethereum holders in the market.