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Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

1 week ago 3954

Bitmine nears 5% of Ethereum supply despite $8.4B in unrealized losses

Tom Lee’s Ethereum treasury company keeps buying the second-biggest crypto through the downturn, while more than 5 million staked ETH is projected to generate $287 million in annual rewards.

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