Aug 04, 2025
BitMine Immersion’s $2.9B ETH Haul Tops 5% of Supply – But Can the Run Last?
BitMine Immersion has accumulated 833,137 ETH valued at over $2.9 billion within 35 days, about 5% of Ethereum’s supply. This places the firm behind only MicroStrategy and Marathon Digital in corporate crypto holdings, as BMNR stock has seen one of the market’s highest recent trading volumes.
The post BitMine Immersion’s $2.9B ETH Haul Tops 5% of Supply – But Can the Run Last? appeared first on Cryptonews.
Source: Cryptonews →Related News
- 2 hours ago
Hex Trust Adds Custody and Staking for Lido’s stETH, Expanding Institutional Acc...
- 2 hours ago
Ethereum Treasury Firm The Ether Machine Files to Go Public in the US
- 3 hours ago
Citi’s Ethereum Forecast: No New All-Time High Expected, Year-End Target At $4,3...
- 3 hours ago
21Shares Hits 50 Crypto ETPs in Europe With Launch of AI and Raydium-Focused Pro...
- 5 hours ago
Expert Says ‘Solana Will Never Be Ethereum’: Here’s Why