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Bitmine Doubles Down on Ethereum With Over $500 Million in ETH

Bitmine Immersion has amassed over 163,000 ETH, bringing its ethereum holdings above $500 million, more than double the proceeds from its recent $250 million private placement. Bitmine’s Ethereum Treasury Strategy Surges...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitmine Doubles Down on Ethereum With Over $500 Million in ETH
Bitmine Immersion has amassed over 163,000 ETH, bringing its ethereum holdings above $500 million, more than double the proceeds from its recent $250 million private placement. Bitmine’s Ethereum Treasury Strategy Surges Past $500 Million Mark Bitmine Immersion (NYSE American: BMNR), a crypto infrastructure company focused on long-term digital asset accumulation, announced it now holds approximately […]

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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