
190,500 ETH Bought in One Week: Inside BitMine’s Shocking Ethereum Strategy
BitMine Immersion leads ETH holdings worldwide with 1.7 million tokens, driving high share trading volume and broad investor interest.
BitMine Immersion leads ETH holdings worldwide with 1.7 million tokens, driving high share trading volume and broad investor interest.
ETH treasury firm Bitmine (BMNR) became the 10th most traded stock in U.S. markets, with $16.34 million in daily volume.
BitMine Immersion Technologies announced $6.612 billion in crypto holdings, making it the world’s largest Ethereum treasury. The disclosure includes 1.52 million ETH and positions the company as a major institutional crypto player.
BitMine recently added 109,485 ETH to its Ethereum stash, bringing its total holding to 1,297,093 ETH, valued at approximately $5.68 billion.
Ethereum rallied 6.31% to $4,515 following BitMine’s announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum’s total supply.
BitMine has suggested a massive $60,000 price prediction for Ethereum as institutional buying heats up