Ethereum news: Tom Lee’s Bitmine (BMNR) buys 76,881 ETH as preferred equity sale fuels expansion
BitMine Immersion Technologies (BMNR), the largest Ethereum-focused treasury company, continued its purchase streak after raising fresh capital through a preferred stock sale. The firm acquired 76,881 ether (ETH) over the past week, worth roughly $136 million based on ETH’s current price, lifting Bitmine’s treasury to 5.62 million ETH. The company also held 204 bitcoin, $502...
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