Company #BitMine , the largest corporate owner of Ethereum $ETH , purchased 48,049 ETH (about $140 million). This was reported by experts from Lookonchain.

It appears that the purchases were made from a hot wallet on the FalconX exchange. Both addresses that received the crypto assets were created recently.

At the time of writing, BitMine has not confirmed the investments. According to the company's statement from December 15, 2025, it controls 3.96 million ETH (about $11.63 billion at the current rate). The average purchase price is $3074.

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