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Bitmine Slows ETH Buys as Cash Reserves Plunge 78% in a Month

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The Story

News Summary

  • Bitmine added 7,391 ETH last week, slowing its buying pace as cash reserves fell 78% in a month.
  • Staking now covers 87% of holdings, but progress toward its 5% supply target remains stalled at 96% for a fifth week.
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ETHUSD price history

2504.79 +23.58% over the displayed period

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