WS #10991
Bitmine adds another $43M of ETH (27,084 ETH), nearing 5% of circulating supply, while Tom Lee attributes crypto weakness to quarter-end 'window dressing' and spot Bitcoin ETF outflows hit $4B in June. Strategy shares rise after unveiling a Digital Credit Capital Framework to bolster preferreds, liquidity, and Bitcoin exposure, including up to $1.25B Bitcoin sale and $1B buyback programs.
Bitmine ETH Accumulation and Crypto Weakness
Bitmine adds another $43M of ETH (27,084 ETH), nearing 5% of circulating supply, while Tom Lee attributes crypto weakness to quarter-end 'window dressing' and spot Bitcoin ETF outflows hit $4B in June.
Strategy shares rise after unveiling a Digital Credit Capital Framework to bolster preferreds, liquidity, and Bitcoin exposure, including up to $1.25B Bitcoin sale and $1B buyback programs.