Bitmine buys $213.5M in Ethereum, boosting market confidence. Ethereum reaching $2,400 by June 2026 at 0.1% YES.

The company bought 126,971 ETH last week, worth roughly $214 million at current prices, despite chairman Tom Lee's earlier calls to slow purchases.

Bitmine leverages market dip for Ethereum accumulation strategy, reaching 92% of its target and holding 4.59% of ETH's supply.