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Tom Lee's Bitmine Buys $421M in Ethereum Amid Market Downturn

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Ethereum news broke Tuesday as Tom Lee’s Bitmine added $421 million in ETH, lifting holdings to over $12 billion, or 3.4% of the total supply. Lee called the market a 'supercycle,' forecasting Ethereum price today could hit $25,000 by 2028. Eole and ANAP Holdings also added Bitcoin to reserves this month.
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