BitMine Immersion, led by Tom Lee, purchased an additional 15,427 Ethereum tokens valued at $69 million, bringing their total Ethereum holdings to about 2.17 million ETH, worth nearly $9.7 billion. This makes BitMine the largest corporate holder of Ethereum in the world. The company aims to accumulate 5% of Ethereum’s supply, doubling down on its long-term strategy to grow its crypto treasury and support the Ethereum ecosystem’s growth.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Early XRP investors remember the rush, the quiet accumulation phase before the explosive run that…
New Hampshire lawmakers have decided to slow down on a proposed law that would make…
Story Highlights Bitcoin is currently trading at: Predictions suggest BTC could reach $175K in 2025.…
Ethereum co-founder Vitalik Buterin has given a strong nod to ZKsync’s latest upgrade, Atlas, calling…
Elon Musk is back with another bold project. During his latest appearance on The Joe…
Coinbase is reportedly in talks to buy BVNK, a stablecoin infrastructure firm, for nearly $2…
