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BitMine (BMNR) holds 4.97% of all ether

BitMine Immersion Technologies (BMNR) said on Monday November 9 that it holds 4.97% of all ether, just short of the goal it set in June 2025. Chairman Tom Lee says buying stops at that mark. Its annual report shows a net loss above $6.3 billion, as ether's fall in the year to August cut the value of its holdings.

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