Key Notes

The purchase from Bitmine Technologies coincided with a 6.28% drop in ETH price below $4,200.

BitMine announced a $365 million stock offering with potential proceeds up to $1.28 billion.

BMNR stock fell 5% in pre-market trading, dropping under $60.

Tom Lee’s Bitmine Technologies (NYSE: BMNR) revealed that its strategic Ethereum ETH $4 177 24h volatility: 6.9% Market cap: $504.69 B Vol. 24h: $48.96 B reserves have surpassed 2.4 million, equal to 2% of ETH’s total supply.

The news comes as ETH fell 6.28% on September 22, slipping below $4,200, while BMNR stock dropped 5% in pre-market trading.

Bitmine Technologies Total ETH Holdings Cross $11 Billion

BitMine Technologies announced the acquisition of an additional 264,378 ETH, bringing its total

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