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by: xpoolPosted on: November 21, 2025

Bitmine Acquires Significant Ethereum Holdings for $49 Million

Digital currency exchange Bitmine has recently increased its Ethereum holdings through a substantial acquisition. The company purchased 17,242 ETH from FalconX and BitGo, with the transaction reaching an estimated value of $49.07 million as reported by Onchain Lens. This purchase marks a significant step in Bitmine’s strategy for acquiring and managing Ethereum assets.

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