By Marco Piccolo Key highlights: BitMine Immersion Technologies purchased 23,823 ETH worth $103.7 million on October 10, continuing its aggressive accumulation strategy. The company now holds 2.83 million ETH, valued at approximately $12.3 billion, making it the largest corporate Ethereum treasury. Despite recent criticism from Kerrisdale Capital, BitMine remains committed to its goal of acquiring […]
Tag: BMNR
By Marco Piccolo Key highlights: BitMine Immersion (BMNR) has increased its Ethereum holdings to 2.65 million ETH, valued at around $11 billion. The company’s recent purchases totaled nearly $1 billion in ETH, strengthening its position as the largest Ethereum treasury holder. BMNR stock rose over 6% following the announcement, though it remains slightly down over […]
By Vuk Martin Ethereum has become way more than just the world’s second-largest cryptocurrency. It’s now a yield-bearing, programmable asset that institutions and investors are looking to accumulate. That trend has given rise to the so-called ETH treasury stocks. These are publicly traded companies that hold large amounts of Ethereum on their balance sheets. Among […]