Bitmine Doubles Ethereum Holdings Above $9 Billion

Crypto company Bitmine Immersion Technologies has announced a major expansion of its Ethereum holdings, exceeding the 2 million ETH mark and reaching a value of over $9 billion. This strategic investment follows recent purchases of over 874.59 million ETH in a period spanning September 1-7, pushing the total to 2,069,443 ETH. The company’s growth is attributed to its ambitious “Moonshot” strategy and the belief that Ethereum will reach $60,000 in the long term.