Bitmine buys 101,627 ETH for $230M as hedge against US-Iran conflict

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Bitmine bought 101,627 ETH for $230 million, its largest purchase since December 2025. The deal lifts holdings to 4,976,485 ETH, about 4.12 % of supply, moving closer to a 5 % target and acting as a hedge against the US‑Iran conflict.
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20/04 18:20 bitcoin.com
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