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Bitmine buys $49M in ETH as Tom Lee warns of weak liquidity – TON BOT

Bitmine buys $49M in ETH as Tom Lee warns of weak liquidity

Bitmine is aggressively buying Ethereum, with recent purchases totaling $49 million, aiming to build a large corporate crypto treasury. Chairman Tom Lee warns of weak market maker liquidity affecting crypto markets, with firms still recovering from October’s crash. Bitmine funds purchases through equity raises, cash reserves, and staking rewards.


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