BitMine boosts ETH purchases ahead of expected price rise

BitMine Immersion Technologies ramped up its Ethereum purchases, adding 138,452 ETH over the weekend and lifting its holdings to nearly 3.9 million ETH. Chairman Tom Lee said buying accelerated 156% from last week and reflects confidence in rising ETH prices, upcoming network upgrades, and long-term tokenisation trends. BitMine now holds $13.2 billion in total assets.