In a bold counter-trend move, Ethereum-focused treasury firm BitMine, chaired by Fundstrat’s Tom Lee, purchased approximately $83 million worth of ETH this week, doubling down on its conviction despite sitting on paper losses exceeding $7.8 billion. This aggressive accumulation starkly contrasts with heavy selling from other large holders as Ethereum trades near multi-month lows, highlighting a fundamental divide in market strategy between those cutting losses and those viewing the downturn as a buying opportunity based on network fundamentals.
about BitMine Buys $83M ETH Despite $7.8B Paper Losses as Market DipsFundStrat
0 in Finance and 1 in Crypto last weekTom Lee Sees Crypto Bottom Amid $6.95B Firm Loss, Market Shifts
Fundstrat’s Tom Lee suggests cryptocurrency prices may be nearing a floor, pointing to improving fundamentals despite recent volatility. His optimistic view comes alongside reports of massive unrealized losses at his affiliated firm, BitMine, raising questions about market confidence. Meanwhile, capital flows into precious metals and geopolitical tensions continue to pressure crypto assets.
about Tom Lee Sees Crypto Bottom Amid $6.95B Firm Loss, Market ShiftsBitMine Buys ETH Dip Despite $6.9B Loss, Sees Strong Fundamentals
As Ethereum’s price plunged over 26% in a month, falling from around $2,900 to near $2,100, a major institutional holder is doubling down. BitMine, the Ethereum treasury firm chaired by Fundstrat’s Tom Lee, is aggressively accumulating ETH, arguing that weak prices clash with record-breaking on-chain fundamentals and present a strategic buying opportunity.
about BitMine Buys ETH Dip Despite $6.9B Loss, Sees Strong FundamentalsBitcoin 2026 Forecasts: Banks Predict $75K-$250K Amid ETF Uncertainty
Major financial institutions have released sharply divergent Bitcoin price forecasts for 2026, with targets spanning from $75,000 to $250,000. This wide range underscores a fundamental debate: whether sustained institutional demand, primarily through spot ETFs, can overcome softer retail participation and reassert Bitcoin’s sensitivity to macroeconomic liquidity. The contrasting outlooks from banks like Standard Chartered, JPMorgan, and Bernstein reveal a market at a crossroads, where the trajectory hinges on the persistence of capital inflows versus emerging bearish on-chain signals.
about Bitcoin 2026 Forecasts: Banks Predict $75K-$250K Amid ETF UncertaintyTom Lee: $250K Bitcoin Target Stands, But 2026 May Be Jagged
Fundstrat’s Tom Lee has reaffirmed his $250,000 Bitcoin price target while issuing a stark warning for 2026, forecasting a potentially turbulent year for crypto and broader risk assets. In a recent interview, Lee framed any major market pullback not as a signal to de-risk, but as a critical buying window, emphasizing that the long-term bull market that began in 2022 should ultimately prevail after a period of significant digestion.
about Tom Lee: $250K Bitcoin Target Stands, But 2026 May Be JaggedCrypto 2026 Outlook: Bullish Forecasts Amid Regulatory Shift
The cryptocurrency market enters 2026 with cautious optimism after a challenging 2025, as major institutions release bullish price forecasts for Bitcoin and Ethereum. New regulatory clarity and favorable macroeconomic conditions are expected to drive institutional participation and market recovery in the coming year.
about Crypto 2026 Outlook: Bullish Forecasts Amid Regulatory ShiftBitcoin & Ethereum Giants Boost Holdings Amid Market Correction
As Bitcoin and Ethereum face significant price corrections and year-to-date losses, two of the world’s largest publicly traded cryptocurrency holders are executing bold, counter-cyclical acquisitions. MicroStrategy (formerly Strategy) has resumed its Bitcoin buying spree, while Bitmine Immersion has dramatically expanded its Ethereum treasury, signaling a strategic commitment to their core assets despite severe stock price declines and broader market headwinds.
about Bitcoin & Ethereum Giants Boost Holdings Amid Market CorrectionBitcoin Could Hit $150K by 2026 on US Reserve & Institutional Demand
Despite a recent 30% correction from its October all-time high, Bitcoin is showing resilience as analysts project a potential surge to $150,000 by 2026. The forecast hinges on growing institutional adoption and the potential impact of a newly established US Strategic Bitcoin Reserve. Market observers draw parallels to 2019’s recovery, suggesting similar catalysts could propel BTC upward.
about Bitcoin Could Hit $150K by 2026 on US Reserve & Institutional DemandBitmine Holds $13.2B in Crypto, Becomes Largest ETH Treasury
Bitmine Immersion Technologies has revealed its combined crypto holdings, cash, and strategic investments total approximately $13.2 billion. The company now holds 4.07 million ETH, representing 3.37% of Ethereum’s circulating supply, after adding nearly 100,000 ETH last week. This positions Bitmine as the world’s largest Ethereum treasury and second-largest global crypto treasury overall, marking a significant milestone in institutional crypto adoption.
about Bitmine Holds $13.2B in Crypto, Becomes Largest ETH TreasuryFundstrat’s 2026 Crypto Outlook: Near-Term Caution vs. Long-Term Bull Case
A leaked internal client note from Fundstrat Global Advisors has ignited market debate, revealing a stark contrast between the firm’s near-term caution and its long-term bullish stance. While Fundstrat co-founder Tom Lee has been publicly championing Ethereum’s severe undervaluation, a research note from digital asset strategy head Sean Farrell outlines a base case for a “meaningful drawdown” in the first half of 2026. This apparent conflict underscores the nuanced, multi-strategy approach within a single research house, where different analysts serve distinct investor profiles and time horizons.
about Fundstrat's 2026 Crypto Outlook: Near-Term Caution vs. Long-Term Bull CaseCiti Projects Bitcoin at $143K, Fundstrat Warns of Correction
A stark divergence in institutional outlooks has emerged for Bitcoin’s 2026 trajectory. Citigroup analysts project a base-case target of $143,000 over the next 12 months, driven by spot Bitcoin ETF adoption and regulatory clarity, with a bullish scenario reaching $189,000. In sharp contrast, an internal report from Fundstrat Global Advisors warns clients of a potential correction to the $60,000-$65,000 range in the first half of 2026, highlighting deep uncertainty about the cryptocurrency’s near-term path amid macroeconomic pressures.
about Citi Projects Bitcoin at $143K, Fundstrat Warns of CorrectionBitMine Buys 100K ETH Dip Despite Market Panic, Tom Lee Bullish
As Ethereum’s price plunges below $3,000, triggering retail panic-selling, Tom Lee’s BitMine Immersion Technologies is executing a bold contrarian strategy. The firm has accumulated 102,259 ETH worth over $300 million in just one week, raising its total Ethereum holdings to nearly 4 million tokens. This aggressive accumulation, alongside a $1 billion cash war chest, signals profound institutional confidence in crypto’s long-term fundamentals, even as short-term prices face extreme uncertainty.
about BitMine Buys 100K ETH Dip Despite Market Panic, Tom Lee Bullish