Bitmine Immersion Technologies bought 27,562 ETH last week, bringing its holdings to 5.98 million ETH worth roughly $16.08 billion at current prices. Chairman Tom Lee said Ethereum's third-quarter outperformance signals that the crypto bull market is underway and expects institutions to increase crypto exposure in the final three months of 2026. BMNR also rose 6% Monday and moved above the $24 resistance zone.