Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

BitMine Immersion ETH holdings reach 3.63 million pieces, with total assets reaching 11.2 billion US dollars.

According to Deep Tide TechFlow news, on November 24, BitMine Immersion Technologies announced that its Ethereum ( ETH ) holdings have reached 3.63 million Tokens, accounting for 3% of the total ETH supply, moving towards its “5% Alchemy” goal. The company's total assets amount to $11.2 billion, including 3.63 million ETH, 192 Bitcoins, $800 million in unsecured cash, and other investments.

BitMine has become one of the most actively traded stocks in the United States, with an average daily trading volume of $1.6 billion, ranking 50th among 5,704 listed stocks in the U.S. The company plans to launch the “Made in America Validator Network” (MAVAN) in early 2026, providing a secure staking infrastructure.

The company's chairman Thomas “Tom” Lee stated that the recent decline in cryptocurrency prices reflects the liquidity damage since October 10 and technical weakness, but the current ETH price is approaching the expected bottom of $2,500, with limited downside risk and ample upside potential.

ETH2.72%
BTC0.61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)