#BitMineBuys40KETH BitMine (also referred to as Bitmine Immersion Technologies, ticker BMNR, and chaired by Tom Lee) has indeed made a significant purchase of 40,000 ETH (Ethereum) in a single day recently. This was part of their ongoing aggressive accumulation strategy, with on-chain data showing buys like 20,000 ETH from FalconX and another 20,000 ETH from BitGo, totaling around $83.4 million at the time (based on prices around $2,000–$2,100 per ETH during the transaction period).
This move came amid a sharp market pullback, where ETH has dropped over 60% from its recent all-time highs (aro