BitMine Immersion Reaches Record $13.4 Billion in Crypto Holdings, Setting New Benchmarks for Ethereum

BitMine Immersion Technologies (BMNR) has announced a significant milestone: its total crypto and cash reserves have reached an astounding $13.4 billion. This puts the company at the forefront of the crypto world, with the largest ETH treasury in the universe and second-largest overall. The firm currently holds 3.24 million ETH, representing 2.7% of the entire supply, alongside 192 BTC and $219 million in unencumbered cash, and a $119 million stake in Eightco Holdings (NASDAQ: ORBS). This latest acquisition of 203,826 ETH during last week’s market downturn showcases BitMine’s strategic approach to expanding its exposure amidst volatility.