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BitMine Just Bought Another 9,500 ETH as Tom Lee Backs Buterin’s Ethereum Vision

Headline from CryptoPotato

Key points

  • BitMine has acquired an additional 9,500 Ethereum tokens following backing from Tom Lee for Vitalik Buterin's ongoing vision for the network.
  • Meanwhile, BitMine saw its seven-day staking yield drop from 3.03% to 2.65% over the past week.
  • This yield reduction subsequently lowered Tom Lee's revenue projections from an estimated $358 million down to $309 million.

Summarized automatically by Kryptokite from reporting by CryptoPotato. Read the original sources for full detail.

Coins mentioned

Sources

  • CryptoPotatoBitMine Just Bought Another 9,500 ETH as Tom Lee Backs Buterin’s Ethereum Vision · 31 minutes agoRead on CryptoPotato

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