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Ethereum CryptoGazette

Bitmine Acquires $41 Million in Ethereum, Nears 5% Supply Target Amid $9.9 Billion Unrealised Losses

Tom Lee's Bitmine purchased $41 million in ETH, bringing total holdings to 5.54 million ETH amid $9.9 billion unrealised losses. Full analysis inside. The post Bitmine Acquires $41 Million in Ethereum, Nears 5% Supply Ta...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitmine Acquires $41 Million in Ethereum, Nears 5% Supply Target Amid $9.9 Billion Unrealised Losses
Tom Lee's Bitmine purchased $41 million in ETH, bringing total holdings to 5.54 million ETH amid $9.9 billion unrealised losses. Full analysis inside. The post Bitmine Acquires $41 Million in Ethereum, Nears 5% Supply Target Amid $9.9 Billion Unrealised Losses appeared first on CryptoGazette.

Why this matters

Ethereum is showing up inside the Crypto Treasuries theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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