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Mar 26, 2026
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BitMine Buys Another $108M in Ethereum, Accumulates Ahead of MAVAN Launch

Tom Lee's BitMine has acquired another 50,000 ETH worth approximately $108.3 million from FalconX in an OTC transaction, according to onchain data. The purchase comes just one day after BitMine launched MAVAN, its U.S.-based institutional Ethereum$1,686.33 validator network, suggesting strategic accumulation to support the new staking infrastructure.
Mar 26 06:00