Bitmine Adds 101,745 ETH, Total Reaches 5.18M

Bitmine Immersion Technologies increased its crypto holdings significantly last week, acquiring 101,745 ETH. This acquisition brought its total combined crypto and cash position to approximately $13.1 billion.

The firm now holds 5.18 million ETH and 200 BTC, alongside equity and other alternative investments. These include an estimated $83 million stake in Eightco Holdings and a $200 million position in Beast Industries.

A substantial portion of its Ethereum reserves is actively staked, with 4.36 million ETH currently locked, valued at roughly $10.2 billion based on an ETH price of $2,336.