BitMine Grows Ether Holdings to 5.77M Tokens, Representing 4.8% of Total Supply

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BitMine has significantly expanded its Ethereum treasury, now holding 5.77 million ETH tokens. This accumulation represents approximately 4.8% of Ethereum's total token supply. Company Chairman Tom Lee highlighted the development alongside noting Robinhood Chain's rapid growth on the Ethereum network. The move signals BitMine's strong institutional conviction in Ethereum as a core treasury asset.

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