BitMine Acquires 27,316 ETH Worth $113 Million from BitGo
BitMine Immersion purchased approximately 27,316 ETH valued at $113 million from digital asset custodian BitGo, data show. The acquisition increases BitMine's Ethereum holdings to roughly 3.3 million ETH, worth over $13 billion at current prices. The company targets ownership of 5% of all circulating Ethereum, equivalent to 6.04 million ETH.

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