🟩 BitMine bought 312,018 ETH in May and now holds 5.39M ETH, equal to 4.47% of the total supply.

💥 Ethereum’s net supply grew by only ~49K ETH over the same period. But ETH is still trading around 40% below BitMine’s ~$3,500 average buy price.

🔥 Strategy repurchased its own debt for $1.5 billion without selling BTC. while its Bitcoin portfolio is still around $65B.

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💧 DropsTab