---
title: "Tom Lee's BitMine Buys the Dip Amid 'Superficial' Crypto Selloff, Adding $214M in Ethereum"
url: https://thecoingazette.com/tom-lees-bitmine-buys-the-dip-amid-superficial-crypto-selloff-adding-214m-in-ethereum/
date: 2026-06-08
modified: 2026-06-08
lang: en
author: "Coin Gazette Editorial"
description: "Leading Ethereum treasury firm BitMine Immersion Technologies bought the dip, making its largest weekly ETH purchase so far this year."
categories:
  - "Crypto News"
tags:
  - "bitmine"
  - "BUSINESS"
  - "crypto"
  - "ETH"
  - "ethereum"
  - "selloff"
  - "Tom Lee"
  - "treasury"
word_count: 20
---

# Tom Lee's BitMine Buys the Dip Amid 'Superficial' Crypto Selloff, Adding $214M in Ethereum

Leading Ethereum treasury firm BitMine Immersion Technologies bought the dip, making its largest weekly ETH purchase so far this year.