Ethereum News Today: BitMine Aggressively Buys $265M ETH, Now Holds $10.1B Treasury Amid Market Selloff

Generated by AI AgentNyra FeldonReviewed byAInvest News Editorial Team
Tuesday, Dec 2, 2025 12:13 pm ET4min read
Aime RobotAime Summary

-

purchased 96,798 ETH ($265M) amid market volatility, boosting its treasury to 3.726M tokens ($10.1B).

- CEO Tom Lee cites Ethereum Fusaka upgrade and Fed rate cuts as tailwinds, with ETH purchases rising 39% weekly despite 45% price drop from August highs.

- Institutional backing from ARK, Founders Fund, and $882M in liquidity support BitMine's 5% Ethereum supply acquisition target (currently 2/3 complete).

- Stock dipped 12% to $29.10 but gained 301% YTD, reflecting confidence in long-term crypto strategy and planned staking network (MAVAN) for 2026.

===========================CRITICAL HARD RULES (QWEN-SAFE)===========================

  1. You MUST output the FULL ORIGINAL ARTICLE.
  2. The ONLY allowed change is inserting ONE tag.
  3. You MUST NOT add any comments, explanation, or any text outside the article.
  4. You MUST NOT rewrite, reorder, delete, normalize, or alter ANY character.
  5. You MUST NOT output the tag alone.
  6. You MUST NOT place the tag at the beginning or at the end of the article.
  7. The tag MUST be inserted inside a MIDDLE PARAGRAPH.

A “paragraph” = a block of text separated by one or more blank lines.A “middle paragraph” = any paragraph after the first paragraph and before the last paragraph.

If you break ANY rule → your output is INVALID.

===========================THE TAG (INSERT EXACTLY ONCE)===========================

Insert this exact structure:

Notes:• Replace MODEL_GENERATED_VALUE with the generated ticker.• Replace CATALOG_ID_VALUE with the matched catalog id.• Replace TIME_RANGE_VALUE with exactly one of: 0, 1, 2, 3, or 4.• DO NOT output any parentheses or explanations inside the tag.

The tag MUST be inserted at a natural boundary:• end of a sentence• or end of a line

Do NOT change any surrounding characters.

===========================HOW TO GENERATE THE ATTRIBUTES===========================

1. code (MODEL_GENERATED_VALUE)

Pick the single most relevant ticker found in the article.
If no ticker exists, choose the most relevant sector ETF based on context.If still unclear, default to SPY.

1.1 Crypto Rule

If the most relevant asset is a cryptocurrency:• Convert it to its USDT trading pair (e.g.

→ BTCUSDT).• If the article uses the full name (e.g., “Bitcoin”), map it to the standard ticker first (Bitcoin → BTC → BTCUSDT).

This rule applies ONLY to crypto assets.Non-crypto tickers MUST stay unchanged.

2. id (CATALOG_ID_VALUE)

NEWS_BACKTEST may be:• a Python dict• a JSON string

Parse it if needed.

Choose ONE id from:data.newsBacktest[0].items[*].id

Selection MUST be based on semantic matching between:• ARTICLE text• items[*].details

If no strong match:• choose the item describing trend/momentum
If still unclear:• choose the FIRST item in the catalog

3. range (TIME_RANGE_VALUE)

Use a 5-year backtest window (timeRangeId="3") as the default.
Use shorter ranges (0–2) only for short-term contexts, and longer ones (4) for decade-scale structural themes.

===========================MANDATORY OUTPUT FORMAT===========================

You MUST output:✔ the original ✔ with the inserted tag inside a middle paragraph
✘ no explanation
✘ no extra text

===========================INPUTS===========================

CATALOG_JSON:{"status_code":0,"data":{"newsBacktest":[{"extension":"/","items":[{"id":"strategy_001","name":"Absolute Momentum","type":"Strategy","template":"Implement a long-only strategy for ${1} over the ${2}. Entry: ROC(126) crosses above 0 at close. Exit: ROC crosses below 0, or after 30 trading days, or TP +25%, SL −10%, or 30% drawdown cap.","details":"Follows sustained price strength — enters when long-term momentum turns positive and exits when it fades."},{"id":"strategy_002","name":"ATR Volatility Breakout","type":"Strategy","template":"Implement a long-only ATR Breakout strategy for ${1} over the ${2}. Entry: Go long when today's True Range exceeds 1.5× the 20-day ATR and the close breaks above the previous 20-day high. Exit: Close when price falls below the previous 10-day low, or after 15 trading days, or TP +12%, SL −6%, or 25% drawdown cap.","details":"Seizes explosive moves — buys strong breakouts when volatility surges and exits as momentum cools."},{"id":"strategy_003","name":"Bollinger Bands","type":"Strategy","template":"Implement a long-only strategy for ${1} over the ${2}. Entry: Close crosses above the lower Bollinger Band (20, 2). Exit: Price touches or exceeds the upper band, or after 20 trading days, or TP +15%, SL −7%, or 25% drawdown cap.","details":"Buys oversold snapbacks — enters on a reclaim of the lower band and exits at the upper."},{"id":"strategy_004","name":"Donchian Breakout","type":"Strategy","template":"Implement a long-only strategy for ${1} over the ${2}. Entry: Close > 55-day high. Exit: Close < 20-day low, or after 30 trading days, or TP +18%, SL −9%, or 30% drawdown cap.","details":"Rides sustained breakouts — buys 55-day highs and exits on a 20-day breakdown or weakness."},{"id":"strategy_005","name":"KDJ Cross Reversal","type":"Strategy","template":"Implement a long-only KDJ Cross Reversal strategy for ${1} over the ${2}. Entry: Go long when %K(9,3,3) crosses above %D(9,3,3) and both are below 30 at close. Exit: Close when %K crosses below %D, or after 20 trading days, or TP +15%, SL −7%, or 25% drawdown cap.","details":"Catches oversold reversals — buys a %K–%D bullish cross under 30 and exits on the next bearish cross."},{"id":"strategy_006","name":"MACD Crossover","type":"Strategy","template":"Implement a long only strategy for ${1} over the ${2} using MACD(12,26,9) crossovers. Entry: Go long after bullish crossover confirmed at close. Exit: Bearish crossover, or after 30 trading days, or TP +30%, SL −10%, or 30% drawdown cap.","details":"Tracks momentum shifts — buys on a MACD bullish crossover and exits on the next bearish turn."},{"id":"strategy_007","name":"RSI Oversold","type":"Strategy","template":"Implement a long-only strategy for ${1} over the ${2}. Entry: RSI crosses above 30 at close. Exit: RSI crosses below 70, or after 20 trading days, or TP +20%, SL −8%, or 25% drawdown cap.","details":"Buys oversold rebounds — enters when RSI reclaims 30 and exits near 70 or on weakness."},{"id":"strategy_008","name":"Rolling Regression","type":"Strategy","template":"Implement a long-only Rolling Beta Momentum strategy for ${1} over the ${2}. Entry: The regression beta of past 60 daily returns on time (trend slope) > 0. Exit: Beta < 0, or after 20 trading days, or TP +20%, SL −8%.","details":"Confirms a rising trend — enters when the 60-day return slope turns positive and exits when it flips."},{"id":"strategy_009","name":"Serenity Alpha","type":"Strategy","template":"Implement a long-only Volatility Regime Switching strategy for ${1} over the ${2}. Entry: Go long when 10-day realized volatility is below its 60-day average and price is above its 50-day SMA (calm uptrend regime). Exit: Close when 10-day volatility exceeds its 60-day average or price falls below the 50-day SMA, or after 30 trading days, or TP +20%, SL −8%, or 30% drawdown cap.","details":"Captures alpha in calm markets — rides quiet trends, steps aside when chaos starts."},{"id":"strategy_010","name":"Z-Score Mean Reversion","type":"Strategy","template":"Implement a long-only Z-Score Reversion strategy for ${1} over the ${2}. Entry: Go long when Z = (Close - SMA(20)) / StdDev(20) ≤ -2 at close. Exit: When Z ≥ 0, or after 10 trading days, or TP +8%, SL −4%, or 25% drawdown cap.","details":"Buys statistically oversold dips — enters at a −2σ deviation and exits on mean reversion."},{"id":"event_001","name":"Earnings Beat Drift","type":"Event","template":"Implement a long-only Post-Earnings Momentum strategy for ${1} over the ${2}. Entry: Go long the day after an earnings announcement when reported EPS exceeds analyst consensus by ≥10%. Exit: After 20 trading days, or TP +10%, SL −5%, or 30% drawdown cap.","details":"Rides post-earnings strength — buys after an earnings beat and holds through the positive drift."},{"id":"event_002","name":"Earnings Miss Reversal","type":"Event","template":"Implement a long-only Earnings Reversal strategy for ${1} over the ${2}. Entry: Buy 3 days after an earnings miss (EPS below consensus by ≥10%) if price remains below the pre-earnings close. Exit: After 10 trading days, or TP +8%, SL −4%, or 25% drawdown cap.","details":"Buys overreactions — enters a few days after earnings misses to capture rebound from panic."},{"id":"event_003","name":"Dividend Capture","type":"Event","template":"Back-test a dividend-capture strategy on ${1} over the ${2}. Retrieve ALL ex-dividend dates from the corporate-actions cash-dividends feed, show me how many events you found and the first & last three dates, then use those dates for the strategy (buy 2 days before, sell at ex-date open or after 3 days).","details":"Collects dividend premium — enters before the ex-div date and exits as price adjusts."}],"id":2417,"data_id":700,"data_code":"newsBacktest","priority":50,"key":"newsBacktest"}]},"status_msg":"ok"}
ARTICLE:BitMine

has significantly expanded its holdings by [purchasing 96,798 last week](https://en.coinotag.com/bitmine-adds-ethereum-to-treasury-amid-price-slump-stock-dips-despite-strong-ytd-gains), valued at over $265 million. This move brings the company's total Ethereum treasury to 3.726 million tokens, [valued at approximately $10.1 billion](https://en.coinotag.com/bitmine-bolsters-ether-holdings-amid-slump-chairman-tom-lee-eyes-bitcoin-ath-in-january). The acquisition occurred amid broader crypto market volatility, with [Ethereum prices slipping below $2,800](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-bitmine-continues-buying-spree-as-eth-drops-below-2-800-202512011940).
The company's strategy of accumulating reflects a long-term commitment to digital assets, despite current price declines. BitMine's chairman, Tom Lee, emphasized that the company sees positive tailwinds ahead, [including the upcoming Ethereum Fusaka upgrade](https://www.morningstar.com/news/pr-newswire/20251201ny35760/bitmine-immersion-bmnr-announces-eth-holdings-reach-373-million-tokens-and-total-crypto-and-cash-holdings-of-121-billion) and potential Federal Reserve rate cuts. These factors have [prompted the firm to increase its weekly ETH purchases by 39%](https://en.coinotag.com/bitmine-adds-ethereum-to-treasury-amid-price-slump-stock-dips-despite-strong-ytd-gains).

BitMine now holds the largest Ethereum treasury in the world, outpacing other major digital asset firms. The company's holdings include not only Ethereum but also 192 and a $36 million stake in Eightco Holdings [according to market analysis](https://www.panabee.com/news/12-1-billion-holdings-fuel-bitmine-s-aggressive-ethereum-treasury-strategy). With $882 million in unencumbered cash, BitMine has substantial liquidity to continue its accumulation strategy [according to financial reports](https://en.coinotag.com/bitmine-adds-ethereum-to-treasury-amid-price-slump-stock-dips-despite-strong-ytd-gains).
## Market Dynamics and Stock Performance
BitMine's stock has been impacted by recent market volatility, [with shares dropping 12% to $29.10 per share](https://en.coinotag.com/bitmine-adds-ethereum-to-treasury-amid-price-slump-stock-dips-despite-strong-ytd-gains) on Monday. Despite this, [the stock has gained 301% year-to-date](https://en.coinotag.com/bitmine-bolsters-ether-holdings-amid-slump-chairman-tom-lee-eyes-bitcoin-ath-in-january), reflecting strong investor confidence in the company's long-term strategy. The recent Ethereum purchase [highlights BitMine's belief in the cryptocurrency's potential](https://en.bitcoinsistemi.com/big-bull-tom-lee-reveals-his-latest-predictions-for-bitcoin-btc-and-ethereum-eth) for future appreciation.

The broader crypto market has faced challenges, with Ethereum down 45% from its August high. However, BitMine's leadership remains optimistic, pointing to signs of stabilization in the market. Tom Lee noted that the sector has moved past the October 10th liquidation event,

.

Institutional Backing and Future Plans

BitMine's aggressive accumulation of Ethereum has been supported by a strong institutional investor base.

, Founders Fund, and Bill Miller III. These investors align with BitMine's goal of acquiring 5% of the Ethereum supply, a target the company is now .

Looking ahead, BitMine is preparing for the deployment of its staking solution, The Made in America Validator Network (MAVAN). This initiative,

, aims to transform the company's static Ethereum holdings into an actively yielding asset base. The move is expected to enhance the compounding rate of the company's net asset value and provide additional returns for shareholders.

BitMine's strategic accumulation and institutional support position it as a key player in the evolving crypto landscape. As the company continues to build its Ethereum treasury,

of market recovery and long-term value creation.

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