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Peter Thiel-Backed BitMine Doubles Down on Ethereum—Now Holds $1B in ETH
Peter Thiel-Backed BitMine Doubles Down on Ethereum—Now Holds $1B in ETH
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BitMine just loaded up on more Ethereum—pushing its total holdings past the $1 billion mark. The Peter Thiel-backed mining giant isn't just betting on ETH; it's shoving its chips all-in.
Why Ethereum? Because while Wall Street still debates 'digital gold,' smart money stacks the chain that actually does something. And BitMine? They're not waiting for permission.
One cynical footnote: If this were a hedge fund parking cash in bonds, nobody would care. But crypto? Suddenly it's 'reckless.' Funny how that works.
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