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BitMine Immersion’s War Chest Swells to $13.7B After Snapping Up 82,300 ETH

TechnologyMarketMacroeconomics
CryptoNews·byHassan Shittu
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Image for article: BitMine Immersion’s War Chest Swells to $13.7B After Snapping Up 82,300 ETH
BitMine Immersion Technologies has expanded its Ethereum holdings once again, purchasing an additional 82,300 ETH over the past week and lifting its total crypto and cash assets to $13.7 billion as of November 2. The latest accumulation cements BitMine’s position as the world’s largest corporate holder of Ethereum and the second-largest overall crypto treasury, behind Strategy Inc., which holds 640,808 BTC valued at around $71 billion. BitMine Lifts Ethereum Treasury to 3.4M ETH, Eyes 5% Supply Target According to the company’s announcement , BitMine now controls approximately 3.395 million ETH, worth $13.25 billion at current prices, alongside 192 BTC and...

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