Tom Lee's Ethereum treasury bought more than 71,000 ETH over the past week, remaining the sole large corporate crypto buyer as Strategy broke its 13-week bitcoin purchase streak.
Tom Lee's Ethereum treasury bought more than 71,000 ETH over the past week, remaining the sole large corporate crypto buyer as Strategy broke its 13-week bitcoin purchase streak.BitMine Immersion Technologies bought 71,179 ether last week, making its largest weekly purchase of 2026.
The company has accelerated its ether accumulation for four consecutive weeks even as crypto prices slump, while most other large digital asset treasuries have paused or reduced their holdings. With Strategy ending a 13-week bitcoin buying streak, BitMine is now the only major corporate buyer of crypto at scale holding onto its weekly accumulation streak.BitMine Immersion Technologies made its largest weekly purchase of either this year, adding 71,179 ETH and extending a month-long ramp-up in buying even as crypto prices remain under pressure. The purchase, worth roughly $143 million at current prices, lifted the company's total holdings to over 4.73 million ETH, about 3.92% of the token's supply, according to a. BitMine has now increased its buying pace for four straight weeks, stepping up from a prior average of 45,000 to 50,000 ETH. The move stands out as most other large digital asset treasuries halted crypto accumulation or even sold tokens during the crypto market downturn. Strategy , the largest corporate bitcoinBitmine Chairman Thomas "Tom" Lee said the firm continues to see the current market as the final phase of a downturn as rising oil prices and geopolitical tensions keep risk assets under pressure. The company’s total crypto and cash holdings stood at $10.7 billion. In addition to its ETH treasury, BitMine held 197 bitcoin, and $961 million in cash and equity stakes, including $102 million in Eightco Holdings.As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption.Stablecoins are entering their third phase of evolution - the institutionalization era - becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all.The broker said crypto equities trading at steep discounts are approaching a floor into weak first-quarter results, revising price targets on Coinbase, Robinhood and Figure.Bernstein sees crypto equities bottoming ahead of Q1 earnings after a ~60% drawdown from 2025 highs. It lowered its price targets for Coinbase, Robinhood and Figure despite the long-term growth outlook.Bernstein says the 60% crash in crypto stocks is a rare chance to buy the dip at a 'big' discountBitcoin rises as Trump says U.S. in talks with 'new regime' in Iran, threatens oil infrastructure if deal fails
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