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by: xpoolPosted on: November 29, 2025

BitMine Acquires $44 Million in Ethereum, Targets 5% of Supply

BitMine, a leading cryptocurrency firm led by Tom Lee, has made a significant investment in Ethereum, acquiring $44 million worth of the cryptocurrency. This strategic move brings BitMine’s holdings to approximately 3% of the total Ethereum supply and sets the company on course to reach a target of 5% within the coming years.

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