BitMine buys $105M Ether to kick off 2026, still holds $915M in cash

BitMine has purchased $105 million worth of Ether to start 2026, signaling a strategic investment in the cryptocurrency market. The company currently holds $915 million in cash reserves, indicating strong financial health. This move reflects BitMine's confidence in the future of Ethereum and its potential for growth. The acquisition is part of a broader strategy to enhance its cryptocurrency portfolio and capitalize on market opportunities.

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