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Cryptonews

BitMine Acquires Nearly $70 Million in ETH Over Three Days Amid Market Downturn

BitMine Immersion Technologies purchased approximately $70 million worth of Ether across a three-day period during recent market weakness. The firm acquired 7,080 ETH for around $19.8 million on December 2, 2025, following a weekend buy of 16,693 ETH valued at roughly $50.1 million, blockchain data show.
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