Bitmine reveals increase in Ethereum holdings to 4.33M ETH, with major staking allocation

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Tom Lee and BitMine have increased their Ethereum holdings to 4,325,738 ETH as of February 8th, up from 4.29 million ETH the previous week, with 2,873,459 of those being staked. This move highlights the ongoing trend of institutional adoption of Ethereum, as major firms continue to incorporate it into their balance sheets in response to favorable market conditions and the benefits of network participation under Ethereum’s proof-of-stake model.

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