BITPRISMIA
Bitmine Immersion has set a new $20 billion funding target specifically for acquiring Ethereum (ETH), marking a significant shift in corporate digital asset strategy.
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.
BitMine Immersion, a Nasdaq-listed Bitcoin mining firm, holds over 833,000 ETH worth $2.9 billion, signaling a strategic pivot towards multi-asset diversification and growing institutional confidence in Ethereum.
ARK Invest has acquired 4.4 million shares in BitMine Immersion, a company with significant Ethereum holdings, signaling institutional interest in Ethereum's growth potential, while also selling $90.58 million in Coinbase shares.
Ethereum's strategic reserves have surged to $6 billion as institutions shift capital from Bitcoin to Ethereum, driven by ETH's real-world utility and increased institutional confidence.