BITPRISMIA
Bitmine Immersion Technologies has acquired a significant amount of Ethereum, totaling 379,000 ETH valued at $1.8 billion, highlighting institutional interest in Ethereum due to its role in DeFi, NFTs, and decentralized applications.
BitMine has expanded its equity offering by $20 billion to fund additional Ethereum purchases, aiming to acquire and stake 5% of the total Ether supply, which could significantly impact ETH's price and market dynamics.
BitMine Immersion Technology aims to raise up to $20 billion to expand its ETH holdings, having already accumulated nearly $5 billion worth of ETH as part of its treasury strategy.
Bitmine Immersion has set a new $20 billion funding target specifically for acquiring Ethereum (ETH), marking a significant shift in corporate digital asset strategy.
Nasdaq-listed Bitcoin mining firm BitMine Immersion made a massive Ethereum purchase worth $1.24 billion, signaling institutional interest in ETH and potential long-term bullish market implications.
South Korean investors have invested a net $259 million in BitMine shares, a Nasdaq-listed Bitcoin miner, due to its strategic holdings and appeal as a crypto-related stock.
BitMine Immersion holds the largest corporate Ethereum treasury with over 1.15 million ETH, valued at approximately $4.96 billion, highlighting a strategic move in the crypto market.
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BitMine Immersion Technologies, chaired by Tom Lee, has significantly increased its Ethereum holdings to 833,137 ETH worth over $3 billion, becoming the largest corporate Ethereum holder and fourth among global crypto treasuries.
BitMine Immersion has accumulated 833,137 ETH worth $2.9 billion, representing 5% of the total ETH supply, and has gained significant market recognition and investor backing.