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Bitmine Moves Closer to Controlling 5% of Ethereum’s Supply

Bitmine purchased another 9,587 ETH last week, bringing its total Ethereum holdings to 6.07 million ETH, equivalent to 4.97% of the total ETH supply.

The latest purchase highlights the company’s continued commitment to building its Ethereum treasury.

With its holdings now close to the 5% target, Bitmine remains one of the largest institutional holders of ETH.

Institutional interest in Ethereum continues to be worth watching.

DYOR. NFA.
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