BitMine Buys The Dip, Ethereum Stash Tops 3M ETH

The world’s largest Ethereum treasury firm has been shopping for the dip as its stash reaches a brand new milestone.

BitMine Immersion Applied sciences introduced on Monday that its Ether holdings had topped 3 million ETH. It now owns larger than 2.5% of the ETH token provide, “now on the midway level because it strikes towards the ‘Alchemy of 5%’,” it said.

The corporate’s Ether, crypto, and money holdings had been value $12.9 billion as of October 13, and almost all of that’s ETH. It additionally holds 192 BTC and stakes in a number of crypto firms.

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BitMine offered its newest holdings replace for Oct 13, 2025:

$12.9 billion in whole crypto + “moonshots”:

– 3,032,188 ETH at $4,154 per ETH (Bloomberg)
– 192 Bitcoin (BTC)
– $135 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and
– unencumbered…

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) October 13, 2025

Ethereum DATs Hold Shopping for

“The crypto liquidation over the previous few days created a worth decline in ETH, which BitMine took benefit of,” said Tom Lee of Fundstrat, and chairman of BitMine.

The agency bought 202,037 tokens over the previous few days, pushing its holdings to three,032,188 ETH. Lee went on to clarify how the leverage flushout and volatility brought on panic promoting and reductions to asset fundamentals.

“Volatility creates deleveraging, and this may trigger belongings to commerce at substantial reductions to fundamentals, or as we are saying, ‘substantial low cost to the longer term’ and this creates benefits for traders, on the expense of merchants.”

Thousands and thousands of merchants had been liquidated when markets tanked following insider whales opening huge quick positions simply earlier than a serious announcement from the US President.

BitMine inventory (BMNR) surged greater than 8% on Monday to achieve $56.85 earlier than dipping barely in after-hours buying and selling. Shares within the agency have soared a whopping 1,200% because it began accumulating Ether in late June.

“The mixed buying and selling quantity share of BitMine and MSTR [Strategy] is now 88% of all international DAT buying and selling quantity,” added Lee.

TOM LEE BOUGHT $834M $ETH

Bitmine has been shopping for the dip on ETH. They bought $834M of $ETH over the previous week.

Bitmine presently holds $12.52 BILLION of $ETH, over midway to their aim of proudly owning 5% of ETH provide. pic.twitter.com/MZaE0inQGJ

— Arkham (@arkham) October 13, 2025

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The second-largest Ether treasury agency is SharpLink Gaming, which hasn’t purchased the dip lately however holds 838,727 ETH value roughly $3.54 billion, according to SER.

Michael Saylor’s Technique additionally made an acquisition final week, scooping up 220 BTC for roughly $27 million.

ETH Value Outlook

Ether costs have continued to get well from an intraday dump to $4,060 to achieve $4,285 in late buying and selling on Monday. Nonetheless, it has retreated again to $4,100 through the Tuesday morning Asian buying and selling session and stays inside its range-bound channel. Analysts remain bullish for a This fall or Q1 2026 rally for ETH into 5 figures.

In associated information, Bhutan celebrated a historic milestone on Monday, changing into the primary nation to anchor its nationwide digital id system on Ethereum.