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Tom Lee's BitMine Seeks $300 Million Raise to Buy More Ethereum

2026-06-04 13:00:44

Story Highlights* BitMine plans raising $300 million through preferred shares to acquire more Ethereum.

Around 4.7 million ETH remains staked through BitMine's MAVAN validator network.
Company currently holds 5.42 million ETH, representing roughly 4.5% supply.

BMNR5.85%

ETH-2.72%

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