Home / Business / Bitmine acquires 128,718 ETH after the crash as institutions buy the dip

Bitmine acquires 128,718 ETH after the crash as institutions buy the dip

Bitmine accumulated 128,718 ETH ($480M) after the crypto market crash, leveraging their holdings for staking and liquidity yields.

October’s historic crypto market crash forced a reckoning across leveraged trading, sent prices tumbling, and set the stage for audacious institutional dip-buying. Among the biggest actors was Tom Lee’s Bitmine Immersion Technologies. The behemoth Et… [2777 chars]

Source: CryptoSlate | Published: 2025-10-12T15:00:41Z

Credit: CryptoSlate

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