Bitmine Accumulates 4.37M ETH At $2,000 Levels Despite $6B Unrealized Losses
Bitmine Immersion Technologies disclosed holdings of 4,371,497 Ethereum (ETH) as of February 16, valued at approximately $8.73 billion at $1,998 per token. The company acquired 45,759 ETH last week as ether traded roughly 62% below its 2025 peak above $5,000. Combined cryptocurrency, cash and equity