BitMine Immersion | Crypto

BitMine has added 82,300, bringing holdings to about 3.395M and total crypto/cash to $13.7B. The company now accounts for roughly 2.8% of circulating supply while advancing toward a 5% goal. Broader Ethereum positioning and updated ETH balances provide market context. The post BitMine Immersion’s War Chest Swells to $13.7B After Snapping Up 82,300 ETH appeared first on Cryptonews.

BitMine Immersion has accumulated 833,137 ETH valued at over $2.9 billion within 35 days, about 5% of Ethereum’s supply. This places the firm behind only MicroStrategy and Marathon Digital in corporate crypto holdings, as BMNR stock has seen one of the market’s highest recent trading volumes. The post BitMine Immersion’s $2.9B ETH Haul Tops 5% of Supply – But Can the Run Last? appeared first on Cryptonews.

BitMine Immersion Technologies (BMNR) has strengthened its position as Ethereum’s largest publicly traded holder, with its total ETH portfolio now valued at over $2 billion. In a disclosure on July 24, the company announced that it currently holds 566,776 ETH, acquired at an average price of $3,643 per token. BitMine’s ETH stash now exceeds the […] The post BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion appeared first on CryptoSlate.