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BitMine Goes Big: $600M Ethereum Purchase Skyrockets Treasury to $5.77B ETH Stash
BitMine Goes Big: $600M Ethereum Purchase Skyrockets Treasury to $5.77B ETH Stash
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BitMine just doubled down on Ethereum—hard. The crypto giant dumped another $600 million into ETH, pushing its total holdings to a staggering $5.77 billion. Talk about putting your money where your meme is.
Why the massive bet? While traditional finance plays catch-up with blockchain, BitMine’s move screams confidence in Ethereum’s long-term game. Or maybe they just enjoy watching Wall Street sweat over decentralized ledgers.
One thing’s clear: When a player like BitMine drops nine figures on crypto, the market pays attention. Now we wait to see if the suits start calling this 'strategic allocation'—or finally admit they missed the boat.
One of the largest crypto treasury firms has pulled a shocking stunt that has left the ethereum community with its head spinning. While the details are still unfolding, this development hints at a deeper shift in how large corporations a... Read More
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