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Bitmine Bought $74M in ETH as Strategy Sold $216M in BTC: What Is Happening? | WAPE

Newsbenzinga

Bitmine Bought $74M in ETH as Strategy Sold $216M in BTC: What Is Happening?

Jul 6, 2026, 10:37 ET · Published

Article summary

Bitmine buys 42,197 ETH for $74M, reaching 95% of its 5% supply target as Strategy sells Bitcoin to fund dividends in the opposite direction.

An excerpt from the original article.

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