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BitMine Immersion Technologies, led by Tom Lee, purchased 14,618 ETH worth $44.34 million. The firm now holds 3.63 million ETH, representing 3% of the total supply. BitMine plans to stake ETH through its Made in America Validator Network pilot in 2026. The company’s strategic shift towards Ethereum has been funded by raising $7 billion and acquiring ETH. This move positions BitMine as the largest corporate holder of Ethereum, with the potential to drive a corporate-led ETH “supercycle.”
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