Ethereum News: Tom Lee's BitMine Just Slashed ETH Buying by 74%, Here's What Comes Next
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Tom Lee's company, Bitmine, has reduced its ethereum purchases, with reports varying on the extent of the reduction, ranging from 74% to 76%. The company has been adding tens of millions of dollars in ethereum to its holdings, with some reports indicating a shift in strategy. The exact details and implications of this change in buying pace are not entirely clear, but it appears to mark a slowdown in Bitmine's previously aggressive ethereum buying.
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