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BitMine Buys 126,971 ETH for $207M at $1,630 Average as Prices Hit June Low

BitMine Immersion Technologies (NYSE: BMNR) acquired 126,971 ether last week at an average cost of roughly $1,630 per token, spending approximately $207 million as ETH fell to its lowest levels since earlier this year. T...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

BitMine Buys 126,971 ETH for $207M at $1,630 Average as Prices Hit June Low
BitMine Immersion Technologies (NYSE: BMNR) acquired 126,971 ether last week at an average cost of roughly $1,630 per token, spending approximately $207 million as ETH fell to its lowest levels since earlier this year. The purchase is the company's single largest weekly ETH acquisition of 2026. The... Read the full story at The Defiant

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Ethereum is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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