Unverified Bitmine ETH Purchase Sparks Market Skepticism

Bitmine’s alleged purchase of 9,613 ETH for $45.6 million remains unconfirmed, leading to market uncertainty. While Hive Digital claims a significant mining revenue of $45.6M, this figure is unrelated to the reported ETH acquisition. The lack of official confirmation from Bitmine fuels skepticism and raises concerns about potential misleading information, impacting market sentiment and investor decisions. 9,613 ETH purchases haven’t triggered noticeable price spikes in Ethereum, suggesting the absence of significant accumulation or relevant transactions.