coin-img-MONADMONAD-14.96%coin-img-ETHETH-9.40%coin-img-BTCBTC-6.59%coin-img-SOLSOL-9.56%coin-img-UCNUCN+0.38%coin-img-XRPXRP-8.71%coin-img-ASTERASTER-12.30%coin-img-USDCUSDC+0.00%coin-img-MONADMONAD-14.96%coin-img-ETHETH-9.40%coin-img-BTCBTC-6.59%coin-img-SOLSOL-9.56%coin-img-UCNUCN+0.38%coin-img-XRPXRP-8.71%coin-img-ASTERASTER-12.30%coin-img-USDCUSDC+0.00%coin-img-MONADMONAD-14.96%coin-img-ETHETH-9.40%coin-img-BTCBTC-6.59%coin-img-SOLSOL-9.56%coin-img-UCNUCN+0.38%coin-img-XRPXRP-8.71%coin-img-ASTERASTER-12.30%coin-img-USDCUSDC+0.00%coin-img-MONADMONAD-14.96%coin-img-ETHETH-9.40%coin-img-BTCBTC-6.59%coin-img-SOLSOL-9.56%coin-img-UCNUCN+0.38%coin-img-XRPXRP-8.71%coin-img-ASTERASTER-12.30%coin-img-USDCUSDC+0.00%
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Steven Walgenbach

BitMine Acquires 96,798 ETH in One Week Ahead of Fusaka Upgrade

BitMine Immersion Technologies purchased 96,798 ETH last week, expanding total holdings to 3.73 million ETH valued at approximately $10.5 billion. The acquisition occurred as Ethereum declined 6% overnight to just above $2,800, while BitMine shares fell over 11%. The company cited the upcoming Fusaka upgrade scheduled for Dec. 3 as a catalyst for accelerated purchases.
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