Bitmine just bought 126,971 $ETH worth $214 million last week while everyone else was selling and I cannot stop thinking about what that means.
ETH is sitting at $1,680 right now, down from a high of $4,946 just months ago, that is a 66% drop from the top, and a serious company just spent $214 million buying it at these prices.
{future}(ETHUSDT)
{future}(BTCUSDT)
They did not buy Bitcoin, they did not buy a meme coin, they bought ETH, with two hundred and fourteen million dollars, last week, wh...
𝗦𝗮𝘆𝗹𝗼𝗿 𝗝𝘂𝘀𝘁 𝗗𝗶𝗱 𝗜𝘁 𝗔𝗴𝗮𝗶𝗻 🚨
While most traders were panic-selling the dip, Michael Saylor's Strategy bought another 1,550 $BTC worth $101M.
A few things stand out:
• Bitcoin dropped nearly 15% last week
• Strategy stepped in and bought at an average price of $65,332
• Total holdings now: 845,256 BTC
• The company also increased cash reserves to $1B
Here's what catches my attention...
Strategy's average BTC cost is still around $75,680, yet they're continuing to accumulat...
Someone bought 10,000 #Bitcoin in April 2011 for $7,805 total. That is $0.78 per coin
They held it for 14 years. Through the 2013 bubble. The Mt. Gox collapse. The 2018 bear market. The FTX crash. Every single time the world declared Bitcoin dead.
Then on July 3, 2025, with Bitcoin trading at $109,246, they sent all 10,000 coins in a single transaction to a new wallet.
No test transaction first. No sending 0.001 BTC to check the address. Just one click. $1.1 billion. Gone in a single block.
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