CryptoDecryptabout 2 hours ago
Bitmine Buys $41M Ethereum to Reach 5% Goal
2 min read
Bitmine Immersion Technologies purchased 15,112 Ethereum worth $41 million on Monday, bringing total holdings to 6,016,414 ETH. This acquisition pushes the firm to 4.9% of the network supply, marking 99% of its 'Alchemy of 5%' target. Chairman Tom Lee claims a crypto bull market is underway despite macro headwinds.
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