BitMine’s Ethereum Investment Soars to $13 Billion, solidifying its Market Dominance

BitMine Immersion Technologies, a publicly traded firm known for aggressive investment strategies, has significantly increased its Ethereum holdings, reaching an estimated value of $13 billion. The company acquired approximately 179,251 ETH last week at an average price of $4,535 per coin – slightly below the current market price near $4,625. This strategic move strengthens BitMine’s position as the world’s largest corporate holder of Ethereum, surpassing all other competitors.