BitMine, a company focused on digital-asset investing, makes its largest Ethereum purchase of 2026 despite earlier remarks suggesting it could slow its pace of buying. According to reporting, BitMine buys 111,942 ether in the latest transaction, valued at about $237 million. The purchase occurs as ETH trades below roughly $2,200, and the company increases the size of its acquisitions compared with earlier buys during the year. One outlet notes the timing comes only weeks after Tom Lee—associated with BitMine’s investment communications—had suggested a potential slowdown in further Ethereum purchases. Taken together, the reports describe a shift in near-term activity: BitMine signals that it might reduce buying frequency or scale, then executes its biggest reported acquisition to date. Both accounts frame the move as part of a broader strategy to accumulate ether during a period of lower prices, while acknowledging the earlier comments about potentially slowing down purchases.