BitMine, led by Tom Lee, now holds $7.19 billion worth of Ethereum. The firm sits on $1.9 billion in unrealized profit. It recently added another $45 million in ETH to its treasury. The purchase comes as the Ethereum network records all-time highs in transactions and active addresses. BitMine’s $1.9B Ethereum Profit Confirms Institutional Conviction This
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.