BitMine Acquires $320 Million in Ether Holdings, Becomes Largest Corporate ETH Holder

BitMine Immersion Technologies Inc. has significantly boosted its Ethereum holdings by injecting an additional $320 million into the cryptocurrency market. This move now places them at a commanding position as the world’s largest corporate ETH holder, with their total assets exceeding $14 billion. The company’s strategic shift from Bitcoin to Ethereum signals increased institutional interest and confidence in the long-term value of the cryptocurrency.