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by: xpoolPosted on: August 17, 2025

BitMine Acquires Major Ethereum Holdings via OTC Market

BitMine, led by CEO Tom Lee known for his bullish crypto outlook, acquired a substantial 28,650 ETH through an OTC transaction valued at approximately $130 million. This move significantly boosted BitMine’s Ethereum holdings to 1.174 million ETH. The purchase, executed through Galaxy Digital’s OTC desk and secured with BitGo custody services, signals institutional confidence in Ethereum’s market potential.

Related posts:

  1. Institutional Ethereum Adoption Soars: $200 Million Investment Highlights Growing Trend
  2. Massive ETH Transfer: Coinbase Awaits Institutional Boom
  3. Ethereum Foundation Makes Strategic Sales Amid Bull Market Surge
  4. Ethereum’s Store of Value: From Developers to Institutional Adoption
Ethereum Institutional Adoption OTC Market

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