Bitmine has quietly been buying Ether for 65 straight weeks, and now it owns 4.9% of the entire
$ETH supply—more than most people realize.
The crypto market has been a rollercoaster, but this strategy shows how a disciplined, long‑term approach can pay off even when prices tumble.
## The Concept: Accumulating in a Downturn
When a big player like Bitmine keeps buying the same asset week after week, they’re essentially “buying the dip.”
Instead of chasing price spikes, they’re buying when the market is low, which can lower their average cost per token.
This is similar to a farmer buying grain during a bad harvest season, hoping the price will recover later.
#DollarCostAverage #LongTermHold
## Real‑World Example: Bitmine’s 65‑Week Run
- **Start of the run**: Bitmine began purchasing
$ETH in early 2025, during a period of market uncertainty.
- **Weekly purchases**: They bought a fixed amount each week, totaling 53,500
$ETH over 65 weeks.
- **Current stake**: That 53,500
$ETH now represents 4.9% of the entire circulating supply—about 1 in every 20 Ether in the world.
- **Financial impact**: Despite a $5.1 billion paper loss during the downturn, the strategy keeps the cost basis lower than many who bought at peak prices.
## Takeaway: Patience Pays Off
If you’re looking to build a position in
$ETH (or any asset), consider a steady, weekly purchase plan.
Even when the market is down, consistent buying can reduce your average cost and position you for future upside.
#CryptoEducation
What do you think—would you try a similar long‑term accumulation strategy, or do you prefer to time the market?