BitMine Doubles Ethereum Holdings to Reach $7.65 Billion

BitMine Immersion Technologies has significantly expanded its Ethereum holdings, acquiring an additional 190,000 ETH and boosting their total treasury to approximately 1.718 million ETH worth $7.65 billion. This acquisition marks a pivotal shift in corporate crypto investment strategies, solidifying BitMine’s position as the world’s largest ETH holder. Supported by institutional investors like ARK Invest and Galaxy Digital, this move highlights Ethereum’s growing role within the financial sector.