Crypto

Bitmine Buys More Ethereum as Holdings Approach 5% Supply Goal

Bitmine added 8,573 ETH to reach a total holding of 6,060,506 tokens.

The firm is 99% of the way toward its goal of owning 5% of the Ethereum supply.

Chairman Tom Lee called the market reaction to the recent Binance hack constructive.

Bitmine's total treasury valuation reached $14.5 billion at the start of November.

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