Bitmine Immersion Technologies Reports Increased Crypto Holdings
Bitmine Immersion Technologies announced its total cryptocurrency and cash holdings have reached $17.1 billion, including a specific increase to 5.98 million ETH tokens.
Bitmine Immersion Technologies has reported its total holdings of cryptocurrencies and cash have reached an aggregate value of $17.1 billion. This figure includes 5.98 million Ethereum (ETH) tokens.
The company stated that it has achieved 98 percent of its objective, termed "Alchemy of 5%", which aims to acquire 5 percent of the total Ethereum network supply. This progress was reportedly made within a 15-month period.
Ethereum has been identified as the best-performing macro asset class during the third quarter of 2026. Bitmine did not provide further details regarding its future strategies or other asset allocations.