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The ‘MicroStrategy’ Of Ethereum Emerges: Tom Lee And Joe Lubin Raise $675M To Stack ETH

  • Tom Lee and Joe Lubin are advancing their Ethereum treasuries, aiming to create the 'MicroStrategy' of Ethereum.
  • BitMine announced a $250 million private placement to raise capital for acquiring ETH, with Tom Lee as Chairman of the Board.
  • SharpLink Gaming, chaired by Joe Lubin, has increased its ETH holdings to $475 million, becoming a major Ethereum holder.
  • Both companies plan to mirror Michael Saylor's strategy, with BitMine focusing on 'ETH per share' through staking, and SharpLink exploring DeFi strategies and potential leverage.

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