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Gate Square New & Returning Creator Rewards are ongoing!
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Tom Lee's BitMine Immersion Technologies is believed to have increased its holdings of Ether, adding 14,618 ETH to its reserves on Thursday. According to Arkham data cited by Lookonchain, the company purchased approximately 44.34 million USD worth of ETH from BitGo through the "0xbd0…E75B8" wallet, with the transaction time around 5:07 PM. The transaction has not yet been formally confirmed by BitMine. This information comes just days after BitMine announced another purchase of 200 million ETH. According to the latest update, BitMine currently holds 3,629,701 ETH, valued at around 10.9 billion USD, accounting for about 3% of the total supply of Ethereum. The company has repeatedly emphasized its goal to hold 5% of the total supply. Chairman Tom Lee has also continuously expressed confidence that large financial institutions and the U.S. government will increasingly support Ethereum as a neutral and scalable blockchain to meet the future market infrastructure.