Bitmine Immersion Technologies added 32,447 Ether (ETH) last week, raising its total holdings to 5,847,611 ETH, or about 4.8% of the circulating supply, as Ether rose above $2,500.
Bitmine Immersion Technologies added 32,447 Ether (ETH) last week, raising its total holdings to 5,847,611 ETH, or about 4.8% of the circulating supply, as Ether rose above $2,500. The company has purchased Ether weekly since it launched its Ethereum treasury strategy on June 30, 2025, extending the streak to roughly 14 months. Its NYSE‑traded shares opened the week up about 8.7%, contributing to a roughly 28% gain over the past six months. Bitmine has staked 5.07 million ETH, representing about 87% of its holdings, and reports combined crypto, cash, securities and other investments of $14.9 billion. The firm’s paper losses on ETH fell to under $5 billion from about $8.4 billion a week earlier, according to DropsTab. The price rebound has narrowed Bitmine’s unrealized losses, but the company continues to accumulate ETH amid ongoing market volatility.
- Publisher
- cointelegraph
- Reliability
- high
- Published
- 8/30/2026, 10:00:52 AM
- Retrieved
- 8/30/2026, 10:00:52 AM
- Relevance
- 80%
- Confidence
- 85%

