Aug 12, 2025
ETH Nears $4,500 as Its Biggest Whale BitMine Unleashes $20B War Chest to Buy More Ethereum
BitMine has lifted its equity offering to $24.5B with a new $20B raise, accelerating Ethereum and ETH accumulation beyond 1.2M coins. Proceeds support validator infrastructure, corporate staking, and treasury strategies that may influence liquidity and market dynamics in the crypto sector.
The post ETH Nears $4,500 as Its Biggest Whale BitMine Unleashes $20B War Chest to Buy More Ethereum appeared first on Cryptonews.
Source: Cryptonews →Related News
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