Key facts
- Bitmine Immersion Technologies holds 5.62 million ETH.
- The company's ETH holdings are valued at $9.66 billion.
- Bitmine Immersion Technologies is the largest corporate ETH holder globally.
- The firm acquired an additional 76,881 ETH.
- Bitmine's total ETH holdings represent 4.66% of the circulating supply.
- Bitmine Immersion Technologies raised $274 million from preferred stock sales.
- The company is preparing for a NYSE listing.
- Bitmine's total crypto and cash assets amount to $10.4 billion.
Bitmine Immersion Technologies, operating under the name BitMNR, has emerged as the largest corporate holder of Ethereum worldwide, with its total holdings reaching 5.62 million ETH. This substantial amount is currently valued at $9.66 billion. The company recently bolstered its position by acquiring an additional 76,881 ETH. This latest acquisition brings its total stake to 4.66% of the total circulating supply of Ethereum.