While others were busy crying into their coffee about Ethereum’s dip, Tom Lee’s BitMine decided to play the role of crypto’s version of a bargain hunter. According to Lookonchain, they’ve added 106,485 ETH to their collection-a stash so large it could make Scrooge McDuck blush. 🤑 “I’ve always said,” BitMine might say, “if you can’t beat the market, buy it in bulk and call it a ‘strategic acquisition.’”
BitMine’s OTC Shopping Spree
With their total ETH now at 1,297,093, BitMine is basically the crypto equivalent of a kid who just won the lottery and decided to buy every gummy bear in the store. At $4,384.05 per ETH, their recent haul is worth $466.83 million. Their entire stash? A cool $5.68 billion. That’s not just a investment-it’s a *statement*. 🏷️
They’re not using your average crypto exchanges for these purchases. No, BitMine prefers OTC deals and direct transfers from the likes of Galaxy Digital and FalconX. It’s like ordering a private jet instead of flying coach. 🛫
Meanwhile, an anonymous whale recently scooped up 92,899 ETH ($415M) and set up three new wallets. If you’re setting up three wallets for crypto, you’re either a paranoid billionaire or someone who’s about to buy a yacht and needs a paper trail. 🛥️
SharpLink & BitMine: The Ethereum Power Couple
If Ethereum accumulation were an Olympic sport, SharpLink and BitMine would be gold medalists with a side hustle in suspiciously large purchases. SharpLink, now the second-largest corporate ETH holder, has 728,804 ETH ($3.3B) in its portfolio. They even made Ethereum their primary treasury asset in June-like if your savings account was suddenly filled with Monopoly money. 🎲
🚨 BREAKING:
BITMINE BOUGHT $500M $ETH IN 10 HOURS
THEY NOW HOLD $5.8B ETH
AND PLAN TO BUY $20B MORE IN 3 MONTHS
THIS IS GIGA BULLISH FOR ETH
– Rekt Fencer (@rektfencer) August 16, 2025
BitMine’s equity program just got a fivefold upgrade from $5B to $24.5B. If I got a raise like that, I’d quit my job and buy a yacht… or at least a better coffee maker. ☕
Bitcoin Hyper: The Next Big Thing? (Or Just a Passing Fad?)
If SharpLink and BitMine are already in on Ethereum, maybe they should consider Bitcoin Hyper (HYPER). It’s the crypto version of a Layer 2 solution-faster transactions, cheaper fees, and just enough buzz to make you feel like you’re in on the secret. 🚀
BTC Hyper Presale
Presale stats: $0.012735 per HYPER, $9.9M raised so far. Only 20 hours left before the price jumps-because nothing says “trust us” like last-minute panic. 🕒
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2025-08-17 01:13