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Bitmine expands Ether treasury as U.S. Clarity Act odds support crypto strategy
As reported by Cointelegraph, Bitmine said Monday that it added about $74 million worth of Ether to its balance sheet, lifting its holdings to 5,742,237 ETH as of Sunday. The company says that represents an increase of 42,197 Ether from the level it disclosed last week, based on a token valuation of roughly $1,759 at the time the holdings were reported. At the time of publication, ETH trades at about $1,792, indicating a higher market value for the enlarged position. Bitmine chair Tom Lee says optimism around passage of the Digital Asset Market Clarity Act, or CLARITY Act, is an important milestone that could help ... (full story)
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