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BitMine Immersion Technologies has purchased an additional 53,501 ETH, increasing its Ethereum treasury to 5,901,112 tokens valued at around $14.54 billion. This acquisition marks the 65th consecutive week of buying for BitMine, which now holds about 4.9% of Ethereum’s total supply. Staking over 5 million ETH could generate $335 million annually for BitMine.
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