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Bitmine buys 28k ETH, completes 97% of treasury accumulation goal

Bitmine, led by Tom Lee, purchased an additional 28,086 Ether and now holds nearly 5% of the cryptocurrency's total supply, achieving 97% of its stated acquisition goal. The company's treasury contains approximately 5.93 million ETH, though it currently faces over $5 billion in unrealized losses due to recent price declines in the digital asset.

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