{"id":42165,"date":"2026-05-04T13:21:56","date_gmt":"2026-05-04T13:21:56","guid":{"rendered":"https:\/\/cryptd.in\/strategy-hits-pause-button-but-bitmine-keeps-buying-ethereum-eth\/"},"modified":"2026-05-04T13:21:56","modified_gmt":"2026-05-04T13:21:56","slug":"strategy-hits-pause-button-but-bitmine-keeps-buying-ethereum-eth","status":"publish","type":"post","link":"https:\/\/cryptd.in\/es\/strategy-hits-pause-button-but-bitmine-keeps-buying-ethereum-eth\/","title":{"rendered":"Strategy Hits Pause Button, but BitMine Keeps Buying Ethereum (ETH)"},"content":{"rendered":"<p>BitMine Immersion Technologies, the Tom Lee-chair former bitcoin miner turned Ethereum treasury company, continues with its Monday announcements about major ETH acquisitions completed over the previous week.<\/p>\n<p>At the same time, the world\u2019s largest corporate holder of any cryptocurrency, Michael Saylor\u2019s Strategy, decided to skip a week as it raises funds for further accumulations.<\/p>\n<h2>BitMine Keeps Buying<\/h2>\n<p>The new press release shared by the firm <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-technologies-bmnr-announces-eth-holdings-reach-5-18-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-1-billion-302760926.html\">said<\/a> it acquired 101,745 ETH in the past week, mostly by direct sales from the Ethereum Foundation, valued at almost $240 million at today\u2019s prices. This raised its overall Ethereum fortune to more than 5.180 million tokens. In addition, BitMine still owns 200 BTC, a $200 million stake in Beast Industries, a $83 million stake in Eightco Holdings, and total cash of $700 million.<\/p>\n<p>With the latest Ethereum purchase, BitMine now owns 4.29% of the entire asset supply of roughly 120.7 million tokens. As with all other previous purchases announced by Tom Lee, the prominent crypto individual continues to be highly hopeful that the crypto winter has passed and ETH could be on the verge of a more profound rally.<\/p>\n<blockquote>\n<p>\u201cCrypto Spring, in our view, has commenced and like past cycles, investor sentiment and conviction are muted and bearish even as crypto prices strengthen. We believe the potential passage, or even failure, of the CLARITY Act confirms the arrival of crypto spring. As for the upcoming drivers of crypto gains, Ethereum continues to benefit from the dual tailwinds of Wall Street tokenizing on the blockchain and from agentic AI systems increasingly needing public and neutral blockchains,\u201d said Lee.<\/p>\n<\/blockquote>\n<p>He doubled down that the second-largest blockchain network remains \u201cthe most widely used and reliable\u201d such entity for tokenization and is \u201cwell suited for the upcoming rise of agentic commerce.\u201d The company he chairs remains a firm believer that \u201cETH will be viewed as both a store of value and a unit of exchange.\u201d<\/p>\n<h2>Strategy Misses a Week<\/h2>\n<p>The other big corporate buyer of any cryptocurrency, Strategy, also tends to announce major acquisitions on Mondays, but its co-founder and Bitcoin champion, Michael Saylor, <a href=\"https:\/\/x.com\/saylor\/status\/2050927636814168433\">noted<\/a> yesterday that the company has missed a week. However, he added that Strategy will return to its familiar path next week as it continues to raise funds for more BTC purchases and it prepares for tomorrow\u2019s Q1 earnings report.<\/p>\n<p>Recall that MSTR\u2019s price <a href=\"https:\/\/cryptopotato.com\/mstr-snaps-9-month-losing-streak-with-33-gain-in-april\/\">ended<\/a> April with a massive surge after snapping a 9-month losing streak.<\/p>\n<p>El puesto <a href=\"https:\/\/cryptopotato.com\/strategy-hits-pause-button-but-bitmine-keeps-buying-ethereum-eth\/\">Strategy Hits Pause Button, but BitMine Keeps Buying Ethereum (ETH)<\/a> apareci\u00f3 por primera vez en <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies, the Tom Lee-chair former bitcoin miner turned Ethereum treasury company, continues with its Monday announcements about major ETH acquisitions completed over the previous week. At the same time, the world\u2019s largest corporate holder of any cryptocurrency, Michael Saylor\u2019s Strategy, decided to skip a week as it raises funds for further accumulations. BitMine [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":42167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-42165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Strategy Hits Pause Button, but BitMine Keeps Buying Ethereum (ETH) - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/es\/strategy-hits-pause-button-but-bitmine-keeps-buying-ethereum-eth\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strategy Hits Pause Button, but BitMine Keeps Buying Ethereum (ETH) - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"BitMine Immersion Technologies, the Tom Lee-chair former bitcoin miner turned Ethereum treasury company, continues with its Monday announcements about major ETH acquisitions completed over the previous week. 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