Cryptonews.com
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19:52 Jun 30, 2025
Bitmine has disclosed plans to dedicate $250M from its latest private placement to Ethereum accumulation, replacing Bitcoin as its treasury focus. The strategy, backed by investors such as Pantera Capital and Kraken, has propelled the stock 511% and brought Thomas Lee to the board’s chair. The post BitMine Stock Skyrockets 500% as $250M Funding Shift to Ether Targets 16X ETH Holdings appeared first on Cryptonews.