Bitmine Increases ETH Holdings to 4.1M as Chairman Plans Expansion
Bitmine's Ether holdings have increased to 4.1 million, representing approximately 3.4% of the token's circulating supply, according to a report. Bitmine's chairman, Tom Lee, is reportedly seeking to expand the company's crypto strategy with the goal of accumulating 5% of the total outstanding supply of Ether. The development indicates a significant investment in Ethereum by Bitmine as part of its broader digital asset strategy.
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