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BitMine Buys $74M in Ethereum as Treasury Nears 5% of Supply

2026-07-07 09:06:10

BitMine Immersion Technologies bought 42,197 ETH worth approximately $74 million during the week ending June 28. The company now holds 5,742,237 ETH, or approximately 4.8% of Ethereum's circulating supply. Chairman Tom Lee cited optimism around the CLARITY Act as a key factor behind continued accumulation.

ETH1.99%

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