BitMine, known as the "Ethereum microstrategy platform," has reportedly acquired approximately 232,520 ETH, valued at over $900 million, during the recent market downturn. According to Arkham monitoring data, these acquisitions were made through various over-the-counter (OTC) and trading platforms, including Coinbase and FalconX. On-chain analyst AB Kuai.Dong highlighted that BitMine's recent purchases significantly increased compared to the previous week, where the company bought around 260,000 ETH. This activity suggests a strategic move by BitMine to capitalize on lower market prices.