#GateAICreation

BitMine Just Made Its Biggest ETH Buy of 2026
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Institutional interest in Ethereum isn’t a whisper it’s a statement. BitMine Immersion Technologies, chaired by well-known strategist Tom Lee, just announced its largest Ether purchase of the year, adding 40,302 ETH (worth roughly $117M) to its stash last week. That brings the company’s total holdings to over 4.24 million ETH, making it the largest corporate Ethereum treasury in the world right now.

What makes this move compelling isn’t just the size of the purchase , it’s when it happened. BitMine is expanding while markets feel sideways, showing a long-term accumulation mindset. With roughly 3.5% of the total circulating ETH supply and ambitious goals to reach 5%, this isn’t casual buying ,it’s strategic positioning on a massive scale.

For the everyday trader and builder, this signals one thing: institutions still see value in Ethereum’s utility and future role in finance, even when prices aren’t screaming bullish. Long-term conviction, historical narrative, and real staking activity are back on the radar.

Is this just accumulation, or a bigger play on ETH’s evolution in 2026? Only time will tell, but moves like this deserve attention.