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BitMine shares skyrocketed 2,150% after appointing Fundstrat’s Tom Lee as board chair. The company’s Ethereum treasury strategy and $250M private placement fueled investor frenzy, despite trading restrictions.
- BitMine's stock surged 2,150% after Tom Lee's appointment and Ethereum treasury strategy announcement.
- Private placement investors gained massively but face trading restrictions due to SEC regulations.
- Lee predicts big banks like JPMorgan and Goldman Sachs will stake Ethereum amid stablecoin demand.
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