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Bitmine gobbles $2.1B in ETH in 16 days amid treasury arms race

Posted On July 25, 2025

Bitmine gobbles $2.1B in ETH in 16 days amid treasury arms race

Chairman of BitMine’s board of directors, Tom Lee, said the company wants to acquire and stake at least 5% of the total Ether supply, which would be over 6 million Ether.

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