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CoinDesk Oct 16, 2025 at 12:45 AM By Cointelegraph by Martin Young

BitMine appears to buy the dip as ETH is down 20% from peak

Onchain data suggests that BitMine acquired 104,336 ETH, worth approximately $417 million, on Thursday, as prices fell 20% from their August highs, bringing its treasury to over 2.5% of the total supp

BitMine appears to buy the dip as ETH is down 20% from peak

Onchain data suggests that BitMine acquired 104,336 ETH, worth approximately $417 million, on Thursday, as prices fell 20% from their August highs, bringing its treasury to over 2.5% of the total supp

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Source: This article was aggregated from CoinDesk