Bitmine Accumulates $75 Million Ethereum Chairman Signals Institutional Upside
Ethereum
Bitmine purchased 27,562 ETH worth roughly $75 million, lifting its holdings to 5.98 million ETH, or about 4.9% of Ethereum's total supply. Chairman Tom Lee said institutions remain underweight crypto and expects stronger exposure during the final quarter as Ethereum continues outperforming major traditional assets.
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