Ethereum Surges Past $4,400 Following BitMine's $24.5B Stock Offering

Ethereum has surged beyond $4,400 as BitMine, led by Tom Lee, announced a substantial stock offering valued at $24.5 billion. The announcement, made on August 12, 2025, is seen as a significant boost for Ethereum, reflecting positive sentiment and growing momentum in the cryptocurrency market.

ETH +9.64%

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