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BitMine chairmanCoinGape
•Business
Business & Economics
60% Informative
Bitcoin miner BitMine has announced a $250 million private placement for its Ethereum-focused treasury.
FundStrat 's Tom Lee will become the Board Chairman as part of this strategy.
Investors like Kraken and Galaxy Digital participated in the private placement.
The company plans to use these funds to implement an Ethereum treasury strategy.
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