$BMNR


BitMine Immersion ramps up ether holdings to $6.6B in past week

Aug. 18, 2025

BitMine Immersion Technologies (NYSE:BMNR) expanded its ether (ETH-USD) holdings to $6.61B in the past week from $4.96B only a week earlier, it disclosed on Monday.

At Aug. 17, the company's crypto holdings comprised 1.52M ether (ETH-USD) at $4,326 each, as well as 192 bitcoin (BTC-USD).

"Institutional investors have expressed interest and support for our pursuit of the 'alchemy of 5%' of ETH," said Thomas "Tom" Lee of Fundstrat, chairman of BitMine, referring to the company's goal of buying 5% of ether. (ETH-USD). @fundstrat

"As we continue to say, we are leading crypto treasury peers by both the velocity of raising crypto [net asset value] per share and by the high trading liquidity of our stock," he added.
IN0.77%
ETH-1.15%
BTC-1.13%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)