Bitmine Buys $74M in Ether, Betting on Clarity Act Passage

Bitmine has announced a $74 million purchase of Ether, with its chair citing "greater chances of Clarity Act passage" — US crypto regulation legislation — as a key motivator. The move contrasts sharply with crypto treasury peer Strategy, which reported selling millions of dollars worth of Bitcoin on the same day. Bitmine is positioning Ethereum as a strategic treasury asset.