BitMine Adds 111,942 ETH, Lifting Holdings Above 5.39M ETH

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BitMine said it held 5,390,404 ETH as of May 25 after adding 111,942 ETH from the prior week. The company said the holdings represented about 4.47% of Ethereum’s total supply. BitMine said crypto assets, cash and "Moonshots" investments totaled about $12.3 billion. Chairman Tom Lee called ETH’s pullback below $2,200 an "attractive opportunity."
ETH-1.89%
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