Bitmine Plans $20 Billion Ethereum Blitz — Could ETH Hit $15,000?

Ethereum's ETH/USD next moonshot might be brewing — and it's not coming from a meme coin army, but from Bitmine Immersion Technologies Inc's BMNR boardroom.

The Cathie Wood, Peter Thiel and Tom Lee backed crypto infrastructure company is reportedly planning to raise a staggering $20 billion for one purpose: to buy ETH.

• Track ETH price swings here.

That's double the scale of the last big corporate buying spree, which sent prices from $2,000 to $4,500, noted an X user. And if history rhymes, this time the jump could be seismic — with $15,000 ETH whispered as "programmed."

Read Also: Congressman Joins Cathie Wood, Peter Thiel In Tom Lee’s Bitmine Immersion Ethereum Treasury—Then Cashes Out

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History Says Big Buys Move Markets

In crypto's short but volatile history, corporate treasuries piling into ETH have tended to fuel price increases. The last time $10 billion worth of ETH was snapped up, the market nearly doubled in value within months. The reasoning is simple: when a player with deep pockets takes that much ETH off the open market, scarcity and FOMO do the rest.

The $20B Factor

Doubling the buying power changes the game. Bitmine's $20 billion plan could drain available liquidity far faster than retail investors or even most funds can react. That could mean aggressive upward price pressure — especially if the move sparks a broader institutional rush into Ethereum.

But traders and investors should keep in mind that the same factors that can propel ETH toward $15,000 can also magnify volatility.

Beyond The Price Target

While the $15,000 number makes headlines, the real significance may be in what this says about Ethereum's place in institutional strategy. If Bitmine pulls this off, it signals a new era where corporate balance sheets treat ETH not just as a speculative asset, but as a core holding — potentially alongside Bitcoin, real estate, and equities.

Whether or not ETH rockets to $15,000, a $20 billion single-entity buy is an undeniable statement of conviction. In crypto, sentiment is as important as code — and Bitmine's blitz could be the bullish spark the market has been waiting for.

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