Funding
Bitmine Immersion Technologies Raises $14.5 Billion
Bitmine Immersion Technologies (BMNR) has announced significant holdings in Ethereum (ETH) and other cryptocurrencies, totaling $14.5 billion. The company, which focuses on accumulating crypto for long-term investment, has 6,060,506 ETH at $2,261 per ETH, 216 Bitcoin, and stakes in Beast Industries and Eightco Holdings. The company has been added to the Russell 1000 Large-cap index and has received support from institutional investors including ARK’s Cathie Wood, Founders Fund, Bill Miller III, and DCG.