By Marco Piccolo Key highlights: Ark Invest acquired 240,507 shares of BitMine Immersion (BMNR), valued at approximately $9 million, across three ETFs. The move follows a broader strategic shift by Cathie Wood toward Ethereum-focused assets despite recent cuts to Bitcoin projections. BitMine remains the largest Ethereum treasury holder, with nearly 3.4 million ETH, and aims […]
Tag: BMNR
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 […]
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 […]