BitMine Immersion Technologies (BMNR), the largest corporate holder of Ethereum (ETH) worldwide, announced on Monday that it had made a significant new purchase of nearly 61,000 ETH. 

BitMine Holds 3.7% Of Total Ethereum Supply

BitMine’s latest transaction, comprising 60,976 Ethereum tokens, marks the company’s largest weekly acquisition in terms of tokens so far in 2026. Following this acquisition, BitMine’s total ETH holdings have risen to 4.5 million tokens.

Notably, BitMine now holds around 3.76% of the total Ethereum supply, positioning itself over 75% of the way toward its ambitious target dubbed the “Alchemy of 5%” within just eight months.

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In addition to its cryptocurrency holdings, BitMine disclosed that it has 3,040,483 ETH staked, which is valued at approximately $6 billion based on an ETH price of $1,965 at the time of the company’s disclosure. 

The firm’s total assets, including cash and other cryptocurrencies, have reached $10.3 billion, comprising 4.535 million ETH tokens, $1.2 billion in cash holdings, and various other crypto assets. 

As Ethereum prices stabilize above the crucial $2,000 support level, CEO Tom Lee highlighted the resilience of ETH amidst rising geopolitical tensions and increasing oil prices.

Final Stages Of ‘Mini-Crypto Winter’ 

Lee commented on the current market conditions, expressing confidence that crypto prices are entering the final stages of what he referred to as a “mini-crypto winter.”

Ethereum prices showed resilience this week, in the face of rising war concerns and surging oil prices. We continue to believe that crypto prices are in the late/final stages of the ‘mini-crypto winter.

Lee also noted that ETH price movements are tracking trends observed in the S&P 500 during the falls of 2011 and 1987. According to analyses from BitMine’s advisor, Tom DeMark of DeMark Analytics, these historical connections show correlations of up to 89% and 93% with the S&P 500’s behavior during those periods. 

The analyst also predicts that Ethereum prices are likely to reach their lowest point between 8 and 14 March, potentially dipping just below the recent low of $1,740. This could equate to a decline of around 14% from current trading prices.

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Lee also added that BitMine’s strategy involves slightly increasing the pace of its ETH accumulation, enhancing its recent buying activity from an average of 45,000 to 50,000 ETH per week to the latest purchase of 60,976 ETH.

On Monday, Ethereum experienced a 4% gain, allowing the token to reclaim the $2,000 mark after a brief dip below that key level over the weekend. Concurrently, BitMine’s stock, BMNR, also showed positive movement, trading at $20.70 per share at the time of writing, marking a significant 10% rally for the company.

Featured image from OpenArt, chart from TradingView.com

• Arthur Hayes buys 1.85M LDO tokens, sparking a short-term price surge.
• Lido market data shows 690% YoY dev growth and strong weekly revenue of $14.3M.
• Lido DAO (LDO) key support lies at $0.5546, with the immediate resistance level at $0.7126.

Lido DAO’s governance token, LDO, has seen a notable uptick in price following a high-profile purchase by cryptocurrency veteran Arthur Hayes.

The former BitMEX co-founder acquired 1.85 million LDO tokens in a transaction valued at roughly $1.03 million.

This strategic investment has drawn the attention of market analysts and investors, sparking renewed interest in Lido’s liquid staking ecosystem.

Hayes’ purchase signals confidence in Lido DAO

Blockchain analytics firm Onchain Lens reported that the LDO tokens were transferred from a Binance hot wallet to one associated with Hayes.

Just In: Arthur Hayes (@CryptoHayes) bought 1.85M $LDO worth $1.03M from #Binance.

Address: 0x6cd66dbdfe289ab83d7311b668ada83a12447e21 pic.twitter.com/nYsyIMv0tN

— Onchain Lens (@OnchainLens) December 26, 2025

Executed during standard trading hours on the Ethereum mainnet, the acquisition represents one of the largest publicly known token purchases by Hayes since stepping down from BitMEX in 2021.

Historically, his investment decisions are closely watched, often influencing sentiment across cryptocurrency markets.

Notably, the LDO tokens purchase coincides with LDO consolidating in a defined trading range following a broader market correction in early 2025.

At the time of the transaction, LDO was priced around $0.556 per token, making the total investment approximately $1,028,600.

Following the news, LDO experienced a short-term gain of about 6%, and trading volume surged by over 200% compared to its weekly average, illustrating the immediate market impact of high-profile investors.

Development and revenue drive optimism

Beyond Hayes’ involvement, Lido has demonstrated strong fundamental performance.

Lido’s development activity has surged by 690% year-over-year, highlighting the protocol’s robust engineering efforts and long-term viability.

Recent upgrades, such as triggerable withdrawals and Curated Module v2, indicate ongoing innovation aimed at maintaining Lido’s dominance in liquid staking.

The protocol’s governance structure, anchored by the LDO token, continues to attract attention as it influences decisions on fees, node operator selection, and strategic upgrades.

Revenue strength further bolsters Lido’s position, with the protocol generating $14.3 million in weekly fees, second only to Ethereum itself.

This performance stands out amid weaker Layer-1 blockchain activity and reflects the growing adoption of liquid staking derivatives like stETH, which integrate with major DeFi platforms such as Aave, Curve, and MakerDAO.

In particular, investors appear increasingly drawn to Lido’s blend of yield opportunities and protocol resilience, even as broader Ethereum staking growth remains moderate.

Lido DAO price outlook

From a technical perspective, LDO’s recent rebound aligns with short-term optimism following a crypto-wide Santa Rally.

The token has risen 2% today, outperforming its 30-day decline of nearly 14% while complementing a seven-day rebound of 5.26%.

Analysts note that the immediate technical picture is cautious, with the daily chart showing LDO sitting above the 10-day EMA but below the 20, 50, 100, and 200-day EMAs.

The toke’s key support is positioned at $0.5546, while resistance levels are identified at $0.7126, $0.9416, and $1.24.

The 14-day RSI currently reads 45.65, with the weekly RSI at 40.76, indicating neutral conditions.

Looking ahead, short-term price action will depend heavily on whether LDO can maintain critical support levels while continuing to capitalise on positive protocol fundamentals and institutional interest sparked by Hayes’ purchase.

Investors should, however, closely monitor the protocol’s ongoing upgrades, including the Safe Harbor Agreement, which provides security for $26 billion in staked ETH through white-hat hacker protections.

Further still, as competition in the liquid staking sector intensifies, Lido’s ability to maintain market share, execute strategic upgrades, and leverage governance decisions will determine whether short-term price gains translate into sustained growth.

• House of Doge takes majority control of Italy’s US Triestina Calcio 1918.
• Crypto payments to launch for tickets, food, and club merchandise at Triestina’s matchdays.
• Dogecoin price holds key support at $0.1918 with bullish targets up to $0.86.

House of Doge, the corporate arm of the Dogecoin Foundation, has become the largest equity holder in US Triestina Calcio 1918.

The acquisition, completed alongside merger partner Brag House Holdings (NASDAQ: TBH), places a cryptocurrency commercialisation vehicle squarely into the ownership structure of a historic Italian club.

It’s official! House of Doge is now the majority owner of U.S. Triestina 1918, one of Italy’s oldest professional football clubs!

Dogecoin was founded on Community—and the world’s game is one of the biggest communities there is. We will support Triestina with immediate capital… pic.twitter.com/npUKFiROtR

— House of Doge (@houseofdoge) October 20, 2025

The club officials say the deal will bring immediate capital and a plan to pilot crypto payments at the club’s home venue, Stadio Nereo Rocco.

Triestina was founded in 1929 and once competed in the earliest Serie A seasons, but it has spent decades outside Italy’s top flight.

House of Doge declined to disclose the precise size of its stake. Company executives, however, emphasise that the funds will shore up football operations and community programs.

What the acquisition means for Triestina

Triestina currently sits at the bottom of Serie C and faces the immediate sporting challenge of avoiding relegation.

The new ownership says it will prioritise short-term stability and long-term growth.

Management intends to inject resources to strengthen the squad and improve back-office systems.

At the same time, advisers with experience in major-league governance have been engaged to help modernise the club’s commercial approach.

House of Doge plans to pilot cryptocurrency as a practical payment method at matchdays.

Triestina’s supporters will reportedly be able to buy tickets, concessions, and merchandise using digital currencies.

The club and House of Doge say the move aims to improve the fan experience and diversify revenue streams.

Brag House Holdings will provide the listed structure and governance framework for the partnership, while its gaming and fan-engagement platforms are expected to tie into Triestina’s outreach.

Dogecoin price outlook

Analysts watching Dogecoin (DOGE) say the memecoin faces a technical crossroads as market interest returns.

Market analysis points to a multi-year ascending triangle pattern and key support around $0.16–$0.19.

$Doge/Monthly
Ignore the noise
A no-wick monthly chart shows just how bullish we are #Dogecoin pic.twitter.com/zTvYKMFgDc

— Trader Tardigrade (@TATrader_Alan) October 18, 2025

Short-term resistance levels lie at $0.205 and $0.227, with a further target near $0.242.

More bullish scenarios place subsequent resistance at higher levels, such as $0.45 and $0.86, and some commentators even speculate about a long-range $1.50 possibility if momentum intensifies.

Other analysts suggest that DOGE must hold above $0.1918 to press toward $0.2054, while failure below $0.1918 could open a slide to $0.1820.

The House of Doge becoming the largest equity holder in US Triestina Calcio 1918 and introducing Triestina’s stadium payments, merchandising, and community programs could be a major boost for the Dogecoin price.

Furthermore, if Triestina’s stadium payments, merchandising and community programs successfully adopt crypto in practical, fan-friendly ways, the result could offer a tangible template for other clubs and investors.