BitMine has discreetly purchased 744,600 ETH since October 5, 2025, amassing a stake potentially valued at over $1.5 billion. Despite the significant acquisition, the market has shown no signs of panic selling, suggesting strong investor confidence in Ethereum's stability and future prospects. This large-scale buying by BitMine underscores the firm's strategic interest in Ethereum, reflecting a broader sentiment of trust in the cryptocurrency's long-term value.