#crypto treasury Tech News.
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CryptoCoinDeskabout 5 hours ago
Bitmine buys $136M ether after $274M stock saleBitmine purchased 76,881 ETH last week worth roughly $136 million. The acquisition followed a $274 million preferred stock offering that pays a 9.5% annualized dividend. Chairman Tom Lee stated the firm believes the pullback in ETH prices does not reflect strengthening Ethereum fundamentals.
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