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Tom Lee’s Bitmine Buys 53,501 ETH as Ethereum’s Price Fights for $2,500

On Monday, the publicly traded firm Bitmine Immersion Technologies announced that it has pushed its ethereum treasury holdings to 5.90 million ETH, putting Tom Lee’s digital asset treasury (DAT) heavyweight within striki...

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Tom Lee’s Bitmine Buys 53,501 ETH as Ethereum’s Price Fights for $2,500
On Monday, the publicly traded firm Bitmine Immersion Technologies announced that it has pushed its ethereum treasury holdings to 5.90 million ETH, putting Tom Lee’s digital asset treasury (DAT) heavyweight within striking distance of controlling 5% of the network’s circulating supply just as ETH prices close out a blistering August comeback. The Connecticut-based company disclosed […]

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

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