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BitMine Shares Rebound Despite Kerrisdale's Short Call on Dilution and Valuation Concerns

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The Story

News Summary

  • BitMine faces short-seller Kerrisdale's bearish critique on its share-for-Ether strategy, but shares rose despite concerns over dilution and valuation.
  • Meanwhile, institutional Ethereum holdings and ETF inflows continue rising, reflecting strong demand for ETH exposure outside BitMine's middleman model.
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