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Bitmine Immersion Technologies says ETH holdings exceed $500M

Bitmine Immersion Technologies (BMNR)announced holdings of ETH exceeding $500M. The company closed on its initial private placement of $250M on July 9th in furtherance of its asset light treasury strategy. As of July 14th at 7:45am ET, the company’s ETH holdings total 163,142 at $3,072.67 per ETH.

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