Ethereum Price Forecast: BitMine slows accumulation even as Tom Lee predicts a crypto spring

May 11, 2026

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) purchased 26,659 ETH last week, taking its holdings of the top altcoin to 5.2 million ETH. However, that figure represents its lowest weekly acquisition since becoming an ETH treasury last June.  

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