BitMine Immersion, 69,822 Ethereum Edindi

BitMine Immersion Increases Ethereum Investment

BitMine Immersion Technology (BMNR) purchased 69,822 Ethereum last week, reaching a total of 3.63 million tokens. This successful move enabled the company to hold %3 of the total Ethereum supply.

The company's cash assets have risen to $800 million, contributing to a total asset value of $11.2 billion.

Digital asset treasuries are under pressure due to the declining value of underlying assets. This situation is further exacerbated by the decline in companies' stock prices.