BitMine Immersion Expands Ethereum Holdings to Over $500 Million as Part of Strategic Initiative
BitMine Immersion Strengthens Its Ethereum Treasury Strategy
In a significant development for the cryptocurrency industry, BitMine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR) has announced that its holdings of Ethereum (ETH) have surpassed $500 million. This move comes in the wake of a successful initial private placement of $250 million, which was finalized on July 9, 2025. As of July 14, 2025, BitMine holds approximately 163,142 ETH, valued at around $3,072.67 each.
Strategic Accumulation of Ethereum
The Company’s recent announcement underscores its commitment to enhancing its position within the Ethereum ecosystem. Thomas
Topics Financial Services & Investing）
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