Bitmine Immersion Technologies (BMNR) is strengthening its position in the crypto market after purchasing 10,000 Ethereum (ETH) from the Ethereum Foundation in an over-the-counter deal valued at $23.87 million. This strategic acquisition highlights the firms aggressive push to expand its digital asset treasury, positioning itself as a major player just behind bitcoin-focused Strategy (MSTR). The transaction, finalized on Friday, comes at a time when ETH is trading around $2,310approximately 3% lower than the purchase price. Despite this slight price difference, Bitmine continues to… Read more
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