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Bitmine Immersion Technologies purchased 27,180 Ethereum tokens last week, elevating its total holdings to 5,956,378 ETH.
The acquisition brings the company closer to its objective of owning 5% of the cryptocurrency's total supply, according to a Monday announcement.
The company stated that its position was valued at approximately $14.89 billion as of Sunday evening.
This purchase was marginally smaller than the previous week's addition of 28,086 ETH, which had lifted the total to 5.93 million tokens.
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