Bitmine Acquires Massive ETH Stake: $138 Million Buy in Single Transaction

Crypto firm Bitmine made a significant move, purchasing over $138 million worth of Ethereum (ETH) in just one transaction. This brings the total amount acquired in 24 hours to a staggering 43,373 ETH, showcasing increasing institutional interest in the cryptocurrency. The purchase has sparked curiosity and potential market shifts as analysts observe potential long-term price implications.