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BitMine Immersion Technologies ( (BMNR) ) has shared an announcement.
On July 14, 2025, BitMine Immersion Technologies announced that its Ethereum holdings have surpassed $500 million, doubling the initial $250 million raised through a private placement on July 9. This significant increase in Ethereum assets is part of BitMine’s strategy to strengthen its position in the Ethereum network and reflects Wall Street’s growing interest in cryptocurrency. The company’s strategy aims to increase Ethereum holdings per share through reinvestment, capital market activities, and staking yield, potentially positioning BitMine as a major player in the Ethereum treasury space.
More about BitMine Immersion Technologies
BitMine Immersion Technologies is a Bitcoin and Ethereum Network Company focused on the long-term investment in cryptocurrency through Bitcoin mining operations and capital raising transactions. The company offers services including Bitcoin mining, synthetic Bitcoin mining, hashrate as a financial product, and advisory services for companies interested in Bitcoin revenues. BitMine operates in low-cost energy regions such as Trinidad, Pecos, Texas, and Silverton, Texas.
Average Trading Volume: 5,625,940
Technical Sentiment Signal: Buy
Current Market Cap: $250.3M
For an in-depth examination of BMNR stock, go to TipRanks’ Overview page.