BitMine Doubles Down on ETH Investments: Holdings Surge Past $9 Billion

Blockchain firm BitMine Immersion Technologies has made a second significant Ether purchase this week, adding more than $200 million to its already substantial holdings. This follows an earlier acquisition of 202,500 Ether on Monday that pushed their total ETH holdings past the two-million mark for the first time. Their latest investment was facilitated by a transaction with digital asset trust Bitgo, involving 46,255 ETH across three separate transactions.