Since the "collapse," BitMine may have increased its holdings by nearly 380,000 ETH, worth approximately $1.5 billion

ChainCatcher news, on-chain monitoring data shows that the Ethereum treasury company BitMine has likely accumulated an additional 379,271 ETH through three purchase transactions since its collapse last weekend, worth approximately $1.5 billion.

BitMine Chairman Tom Lee once stated that "Ethereum will become the pillar of the digital economy." In an interview with CNBC after the trading day ended on Friday, he mentioned that crypto investors are still "licking their wounds" in response to the record leverage shock, but this stage is not the peak of the cycle; it has merely reached a short-term bottom and will strive to recover.