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BitMine has successfully closed a $250 million private placement, combining cash and crypto, to advance its Ethereum treasury strategy. The funding round was led by MOZAYYX and included participation from prominent investors like Founders Fund and Galaxy Digital.
- BitMine raised $250M in a private placement combining cash and crypto to bolster its Ethereum treasury strategy.
- The funding round was led by MOZAYYX and included top-tier investors like Founders Fund and Kraken.
- This move highlights increasing institutional involvement in crypto-focused financial strategies.
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