Is Ethereum’s 62% Dip an Attractive Entry Point? BitMine’s Tom Lee Thinks So

BitMine Immersion Technologies purchased more than 40,000 Ethereum (ETH) in a single day, continuing its aggressive accumulation strategy even as unrealized losses rise to over $7 billion. The latest accumulation comes as Ethereum continues to trend downwards, with prices down approximately 62% from 2025 highs. Despite this, BitMine Chairman Tom Lee has expressed confidence in a potential V-shaped recovery for Ethereum. BitMine Adds Over 40,000 ETH to Its Treasury  In a recent press release, BitMine disclosed that it acquired 40,613 ETH last week source: https://beincrypto.com/bitmine-buys-ethereum-aggressive-eth-accumulation/