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  • Zameer Attar
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    Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

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    BitMine Targets $20B Raise to Boost Ethereum Holdings

    BitMine, a major Ethereum treasury company, has updated its prospectus to increase the size of its Common Stock offering to $24.5โ€ฏbillion. This total includes $2โ€ฏbillion from the current prospectus, $2.5โ€ฏbillion from a previous supplement, and an additional $20โ€ฏbillion from the latest filing. The capital raise is aimed at aggressively expanding BitMineโ€™s ETH holdings, further securing its position as one of the largest institutional Ethereum holders and highlighting growing corporate confidence in Ethereumโ€™s long-term potential.

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