{"id":64716,"date":"2025-12-15T16:32:02","date_gmt":"2025-12-15T16:32:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-price-outlook-can-bulls-hold-3000-as-bitmine-buys-more-eth\/"},"modified":"2025-12-15T16:32:02","modified_gmt":"2025-12-15T16:32:02","slug":"ethereum-price-outlook-can-bulls-hold-3000-as-bitmine-buys-more-eth","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-price-outlook-can-bulls-hold-3000-as-bitmine-buys-more-eth\/","title":{"rendered":"Ethereum price outlook: can bulls hold $3,000 as BitMine buys more ETH?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/ethereum-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/ethereum-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/ethereum-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/ethereum-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Ethereum price fell to lows of $3,034 as Bitcoin slumped below $88,000.<\/li>\n<li>The ETH price holding above $3,000 came as BitMine announced the purchase of 102,259 ETH last week.<\/li>\n<li>Bulls could ride the corporate sentiment to bounce higher.<\/li>\n<\/ul>\n<p>Ethereum (ETH) price showed broader weakness as it fell to the $3,000 level on Monday, with this coming amid further corporate accumulation.<\/p>\n<p>As Bitcoin\u2019s dip below $88k reflects broader market weakness, the key question is whether Ethereum bulls can ride the confidence in the top altcoin\u2019s long-term potential.<\/p>\n<p>BitMine Immersion Technologies\u2019 huge purchases of ETH point to this outlook.<\/p>\n<h2>BitMine buys another 102,259 ETH<\/h2>\n<p>BitMine Immersion Technologies has further expanded its dominant Ethereum position.<\/p>\n<p>On December 15, 2025, the publicly-traded company <a href=\"https:\/\/www.prnewswire.com\/news-releases\/bitmine-immersion-bmnr-announces-eth-holdings-reach-3-97-million-tokens-and-total-crypto-and-total-cash-holdings-of-13-3-billion-302641888.html\">announced<\/a> the acquisition of an additional 102,259 ETH over the past week.<\/p>\n<p>This purchase brings the company\u2019s total holdings to 3,967,210 ETH, valued at approximately $12.2 billion at current prices.<\/p>\n<p>Notably, the latest addition continues a pattern of consistent accumulation during periods of price stabilization.<\/p>\n<p>Previously, on December 8, BitMine reported holdings exceeding 3.86 million ETH, implying the prior week\u2019s purchase of around 138,452 tokens.<\/p>\n<p>Earlier, in the week leading to December 1, the company added 96,798 ETH, pushing holdings to 3.73 million at that time.<\/p>\n<h2>The MicroStrategy of Ethereum<\/h2>\n<p>BitMine\u2019s approach draws clear parallels to the pioneering Bitcoin treasury model popularised by Michael Saylor at Strategy (formerly MicroStrategy).<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Strategy has acquired 10,645 BTC for ~$980.3 million at ~$92,098 per bitcoin and has achieved BTC Yield of 24.9% YTD 2025. As of 12\/14\/2025, we hodl 671,268 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$50.33 billion at ~$74,972 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRK&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRK<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRF<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRD<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$STRE<\/a> <a href=\"https:\/\/t.co\/VdAz7pqce1\">https:\/\/t.co\/VdAz7pqce1<\/a><\/p>\n<p>\u2014 Michael Saylor (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/2000552369172701538?ref_src=twsrc%5Etfw\">December 15, 2025<\/a><\/p>\n<\/blockquote>\n<p>Like Strategy for BTC, Bitmine has amassed the world\u2019s largest corporate Ethereum holdings.<\/p>\n<p>BitMine\u2019s total crypto, cash, and investment holdings now stand at $13.3 billion.<\/p>\n<p>It includes $1 billion in unencumbered cash, a small Bitcoin position of 193 BTC, and a $38 million stake in Eightco Holdings.<\/p>\n<p>The company operates mining facilities in low-cost energy regions such as Texas and Trinidad.<\/p>\n<p>However, it has pivoted strongly toward long-term ETH accumulation, with this funded through capital raises and operational efficiency.<\/p>\n<p><span style=\"font-weight: 400;\">Thomas \u201cTom\u201d Lee of Fundstrat, Chairman of BitMine, said:<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">2025 saw many positive developments in digital assets, including positive legislation passed by the US Congress and favorable regulations, and <\/span>strengthened <span style=\"font-weight: 400;\">support from Wall Street. These strengthen our conviction that the best days for crypto are ahead and why we continue to accumulate ETH towards our \u2018alchemy of 5%\u2019 target.<\/span><\/p>\n<\/blockquote>\n<h2>Can ETH bulls hold $3,000 level?<\/h2>\n<p>BitMine\u2019s strategic buys have been executed amid Ethereum\u2019s price resilience, with robust support established near the $3,000 psychological level.<\/p>\n<p>In the past 24 hours, the ETH price has hovered in the $3,175 and $3,034 range.<\/p>\n<p>If prices dip below the $3k mark, ETH is likely to retest the $2,720 lows seen on Dec.1.<\/p>\n<p>Analysts however note that ETH has shown resilience and a decent bounce above $3,100 could pave the way for a retest of higher resistance around $3,500. Network enhancements, easing monetary policy and corporate buys are likely bullish catalysts.<\/p>\n<p>However, just like $90k is now a <a href=\"https:\/\/coinjournal.net\/news\/will-bitcoin-overcome-the-90k-resistance-check-forecast\/\">key resistance level for Bitcoin<\/a>, the $3,200-$3,300 is key to ETH.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/ethereum-price-outlook-can-bulls-hold-3000-as-bitmine-buys-more-eth\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Ethereum price fell to lows of $3,034 as Bitcoin slumped below $88,000. The ETH price holding above $3,000 came as BitMine announced the purchase of 102,259 ETH last week. Bulls could ride the corporate sentiment to bounce higher. Ethereum (ETH) price [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":64717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/64716"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=64716"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/64716\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/64717"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=64716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=64716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=64716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}