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BitMine has once again added a large amount of Ethereum to its treasury. The company bought ETH worth one hundred fifty million dollars on Wednesday. This move came at a time when most digital asset treasuries are slowing down their ETH purchases. BitMine keeps growing its share while others step back.Onchain data from Arkham shows that BitMine added more than forty eight thousand ETH through two known service partners. The company has not confirmed the details but the activity fits the pattern that BitMine has been showing all year. BitMine has been buying ETH again and again even during weak market days. This new purchase continues that trend as the firm tries to reach its long term goal.BitMine wants to hold five percent of the total ETH supply. Right now the firm holds more than three percent. The company has been open about its plan to support Ethereum as it becomes a bigger part of financial market services. BitMine sees a strong future for ETH and is building a position that can shape the market in the long run.The rest of the digital asset treasury sector is doing the opposite. Data from Bitwise shows that these treasuries bought much less ETH in November. The total buying in November was around three hundred seventy thousand ETH which is far lower than the one point nine seven million ETH seen in August. That is a sharp drop and shows a clear shift in the wider market. Many firms are slowing down or holding back from making new large buys.BitMine is not following that trend. It has kept buying ETH even during November when the market was under pressure. In the last week of the month alone BitMine bought close to one hundred thousand ETH. This steady buying shows strong belief in Ethereum even when others are cautious.Tom Lee who leads BitMine remains positive about the near future of Ethereum. He said that several things are pushing ETH forward. One is the new Fusaka upgrade which went live earlier today. The upgrade is seen as a support for growth in the wider Ethereum system. Lee also pointed to the expected end of the Federal Reserves tightening cycle. He believes that less pressure from the central bank will help digital assets and give more strength to ETH.Lee said earlier this month that he sees ETH moving toward seven thousand to nine thousand dollars before the end of January twenty twenty six. Right now ETH trades at about three thousand two hundred fifteen which is higher than the day before. The price move adds confidence for those who see Ethereum rising further.BitMine stock also moved higher on Wednesday. It closed at thirty three point sixty six which was a gain for the day. The stock is still lower across the month but the recent rise shows that investors are watching the firms steady ETH plan.BitMine is choosing a clear path. It is buying and holding ETH while others slow down. This sets BitMine apart in a cooling market and keeps it in the center of the long term Ethereum story.
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