Bitmine is on a buying spree, amassing 4.8% of all Ether with sights set on 5%, as chairman Tom Lee sees bullish signs in Ether’s outperformance of Bitcoin — hitting a 3-month high in their ratio and a 10-week price peak — with key targets at $2,000 and $2,500, while also accelerating share buybacks under a $4B program, fueled by Ether’s 24% gain vs. Bitcoin’s 8% in the past month.
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