#NFPBeatsExpectations 📊 The Move by the Numbers
The Purchase: BitMine acquired 40,000 ETH on February 10, valued at approximately $83.4 million (average price ~$2,084 per ETH).
Total Holdings: This brings their total stash to a staggering 4.326 million ETH, representing roughly 3.58% of the total circulating supply.
The Goal: The firm has publicly stated it aims to control 5% of all Ethereum by the end of 2026.
🔎 Why the Market is Buzzing
While the acquisition is a massive show of confidence, it comes during a period of high tension:
The "V-Shaped" Bet: Tom Lee has been vocal about his expec