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

While Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset.

News
Crypto· September 08, 2026 at 01:51 PM
Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

While Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset.

Cointelegraph · Read original

AI commentary is generated from public news feeds and is not investment advice.

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