Crypto

Tom Lee’s BitMine Buys $52 Million in Ethereum as Strategy Sells Bitcoin

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In brief

  • ETH treasury firm BitMine Immersion Technologies added another $52 million in Ethereum.
  • Meanwhile, its Bitcoin counterpart Strategy sold $2.5 million worth of BTC to fund its dividend-paying preferred stock.
  • BitMine now holds around 4.48% of the Ethereum circulating supply, valued at…

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