BitMine Immersion holds $500 million in Ethereum after capital raise
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BitMine Immersion Now Holds Approximately $500 Million of Ethereum to Advance its Ethereum Treasury Strategy
July 14, 2025 8:46 AM EDTCompany's current total of approximately $500 million of ETH exceeds the initial $250 million PIPE proceeds by over 100%
BitMine's ETH holdings exceed 163,000
Company's Ethereum treasury strategy to strengthen broader Ethereum ecosystem
LAS VEGAS, July 14, 2025 /PRNewswire/ -- (NYSE AMERICAN: BMNR) ("BitMine" or the "Company") today announced holdings of ETH exceeding $500 million. The Company closed on its initial private placement... More
