BitMine Invests $201 Million into Ethereum, Furthering its Position as Crypto Titan

BitMine Immersion Technologies has bolstered its crypto holdings with a substantial investment of $201 million in Ethereum (ETH). The transaction, involving 46,255 ETH across three addresses, according to blockchain analytics platform Onchain Lens, brings the company’s total ETH reserves to nearly $9.3 billion. BitMine’s move further underscores its commitment to controlling a significant portion of Ethereum’s supply.