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Bitmine Adds 27,180 ETH, Holdings Reach 5.96 Million

Bitmine purchased another 27,180 ETH, lifting its total holdings to 5.96 million ETH, the company disclosed. Advisor Tom DeMark said he expects a sharp move in the coming weeks.

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AI take

The disclosure matters less as a purchase than as a signal of how a single corporate treasury's accumulation cadence is now a visible part of ETH's demand picture, and the accompanying advisor comment introduces a market-timing voice into that narrative. DeMark's call is notable mainly because it is forward-looking rather than a comment on what was already bought, which is unusual for a disclosure of this kind. Whether the accumulation pace continues, and whether the advisor's expected move actually materializes, are the open questions.

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