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BitMine Expands Ethereum Treasury to Nearly $9 Billion
CryptocurrencyEthereum HoldingsUpdated a day ago

BitMine Expands Ethereum Treasury to Nearly $9 Billion

BitMine, led by Tom Lee, has significantly increased its Ethereum treasury, acquiring over 153,000 ETH and bringing its total holdings to approximately $8.98 billion. With an additional $623 million in cash for further investments, the company aims to control 5% of the total ether supply, positioning itself as the largest publicly listed ETH treasury firm.

Related Articles
Tom Lee’s Ethereum treasury BitMine acquires over 153K ETH, holdings approach 2 million
PositiveCryptocurrency
BitMine has expanded its Ethereum treasury to $8.98 billion, acquiring over 153,000 ETH. Tom Lee likens Ethereum's potential to the boom experienced on Wall Street in the 1970s.
BitMine Immersion Boosts Ether Holdings to $8.1B, With $623M in Cash for More Purchases
PositiveCryptocurrency
BitMine, led by Tom Lee, has increased its ether holdings to $8.1 billion and has $623 million in cash for further purchases. The company aims to control 5% of ether's supply, positioning itself as the largest listed ETH treasury firm.
Editor’s Note: This development is significant as it highlights BitMine's aggressive strategy in the cryptocurrency market, potentially influencing ether's supply dynamics and investor confidence.

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