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BitMine Immersion Now Holds Approximately $1 Billion of Ethereum(1) to Advance its Ethereum Treasury Strategy
Prnewswire· 2025-07-17 20:30
Company's current total of approximately $1 billion of ETH1 exceeds the initial $250 million PIPE proceeds by over 300% BitMine's ETH1 holdings exceed 300,000Company's Ethereum treasury strategy to strengthen broader Ethereum ecosystem LAS VEGAS, July 17, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) ("BitMine" or the "Company") today announced holdings of ETH and ETH equivalents1 exceeding $1 billion. The Company closed on its initial private placement of $250 million on July 8th in furtherance of its asset l ...