on BitMine Immersion Technologies, Inc.
Bitmine Immersion's ETH Holdings Surpass 4 Million Tokens
Bitmine Immersion Technologies, Inc. has announced its Ethereum (ETH) holdings have reached 4.066 million tokens, representing 3.37% of the total supply. The company's total crypto and cash holdings now amount to $13.2 billion. This includes $1 billion in cash, 193 Bitcoin, and stakes in other ventures. Bitmine's swift accumulation of ETH has positioned it as the largest Ethereum treasury holder globally.
The firm plans to further develop its staking solution, the Made in America Validator Network, set for deployment in early 2026. Bitmine has become one of the most traded stocks in the US, with an average daily trading volume of $1.7 billion. The company is supported by a robust group of institutional investors and aims to capture 5% of the ETH supply.
R. H.
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