Tom Lee's BitMine Accumulates 32,977 ETH, Holdings Exceed $14 Billion
According to reports, BitMine, associated with Tom Lee, has increased its Ethereum holdings by 32,977 ETH. This brings the company's total crypto and cash reserves to over $14 billion. The latest acquisitions have boosted BitMine's total Ethereum holdings to over 4.14 million ETH, which is reportedly nearly five times the amount held by its closest competitor in the Ethereum treasury space. The development positions BitMine as a significant player in the cryptocurrency market.
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