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by: xpoolPosted on: September 4, 2025

BitMine’s Massive Ethereum Acquisition Paves the Way for a 5% Share

BitMine has made a significant move in the cryptocurrency market by acquiring $64.7 million worth of Ethereum (ETH) through Galaxy Digital, pushing its holdings closer to 5% of the total supply. This purchase follows BitMine’s ambitious plan to acquire a substantial portion of the Ethereum reserve. The company has steadily built its crypto treasury over time, culminating in this latest acquisition.

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