Ethereum’s recent surge, exceeding $4,500, isn’t just driven by speculative excitement; it’s fueled by the strategic investments of major corporations. BitMine Immersion Technologies has emerged as a key player, accumulating over 1.5 million ETH and pushing its Ether holdings close to $6.6 billion in just one week. This substantial accumulation positions them alongside only a handful of other corporate treasuries like MicroStrategy, adding legitimacy to Ethereum’s role as a strategic asset. BitMine’s approach goes beyond simply buying ETH; it’s building a treasury strategy that aims to bolster its holdings for long-term gains. The company has aggressively increased its ETH holdings from around $2.9 billion to over $6.6 billion in just two months, marking one of the most ambitious accumulation plays in the crypto world.