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by: xpoolPosted on: November 28, 2025

Bitmine Immersion Invests $44 Million in Ethereum, Driving Institutional Demand

Bitmine Immersion made a significant investment of $44.34 million in Ethereum via a BitGo hot wallet transaction on Friday, increasing its holdings to approximately 3.6 million ETH, representing roughly 3% of the total circulating supply. This latest acquisition follows an aggressive accumulation strategy by the company, which has been buying Ethereum throughout November.

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