BitMine’s Expedited ETH Hoard Nears 5% of Circulating Supply

BitMine Immersion Technologies, a key player in the blockchain sector, is nearing a landmark 5% ownership of Ethereum’s (ETH) total circulating supply, thanks to a rapid acquisition strategy. Speaking at the Consensus event in Miami, company head Tom Lee disclosed plans to decelerate Ethereum purchases after already accumulating over 4% within a ten-month period.

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