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#Bitmine
Bitmine, owned by Tom Lee, added 53,500 ETH in a week, with inventory reaching 5.9 million
Bitmine, run by Tom Lee, bought an additional 53,501 ether coins in the past week, raising the company’s inventory to 5.9 million. The Block reported that he described Ethereum as “the best-performing macro asset.”
Bitmine Buys Another 32,000 ETH as Tom Lee Says Ethereum's Rally Was "Overdue"
As Tom Lee weighs in on Ethereum's recent rally, Bitmine has scooped up another 32,447 ETH, pushing the firm's total holdings to $14.9 billion and its Ethereum stake past 4.8% of circulating supply.
Bitcoin Surges Past $69,000, Ethereum Jumps 10% in a Day as Nearly $2 Billion in Leveraged Positions Get Wiped Out
Bitcoin briefly touched $69,000 while Ethereum surged 10% in tandem, triggering nearly $2 billion in liquidations across the market. Strategy and Bitmine shares both jumped almost 10% as well.
Norway's Sovereign Wealth Fund's Bitcoin Exposure Hits Record High, 86% via Strategy Stake
Research firm K33 revealed that NBIM, which manages Norway's sovereign wealth fund, has seen its indirect Bitcoin exposure climb to a record high, driven mainly by its Strategy stake. The fund also newly disclosed an $88 million investment in Ethereum treasury company Bitmine.