By : Jamie Redman
Publisher : news
Date : July 6, 2026

42,197 ETH Acquired as Bitmine Builds $11.1B Crypto Treasury While Strategy Sells

Bitmine founder Tom Lee.Institutional crypto investors received two sharply different capital allocation signals Monday as Bitmine Immersion Technologies expanded its ethereum treasury while Strategy disclosed a rare bitcoin sale to fund preferred stock dividend payments. Strategy Breaks With Its Bitcoin Accumulation Playbook Earlier in the day, Strategy announced it sold 3,588 BTC for approximately $216 million, marking its […]

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