BitMine Acquires 138,452 ETH in $435 Million Purchase

2025-12-08 22:49

BitMine, led by Tom Lee, has acquired 138,452 Ethereum (ETH) in a transaction valued at $435 million. This significant purchase underscores BitMine's strategic investment in Ethereum, reflecting growing institutional interest in the cryptocurrency. The acquisition comes amid a period of heightened market activity and interest in digital assets.

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