Bitmine resumed buying more than 100,000 Ether as Chairman Tom Lee predicted an impending crypto supercycle fueled by AI agents and Wall Street interest in tokenization.

The company bought 111,942 ether last week worth $237 million as it saw ETH slide below $2,200 as attractive buying opportunity.

"We view the recent pullback of ETH to below $2,200 as an attractive opportunity," Bitmine Chairman Tom Lee said.

BitMine Immersion Technologies made its largest Ethereum acquisition yet this year—just weeks after saying it might slow down its ETH buys.

BitMine Immersion Technologies Inc. (NASDAQ:BMNR) purchased 111,942 Ethereum

Bitmine said its crypto, cash, and strategic holdings now total $12.3 billion, led by 5.39 million ether tokens.

Bitmine resumed buying more than 100,000 Ether as Chairman Tom Lee predicted an impending crypto supercycle fueled by AI agents and Wall Street interest in tokenization.