Odaily Planet Daily News: The publicly listed company BitMine Immersion announced today that the value of its holdings in Ethereum and Ethereum equivalents has exceeded 1 billion dollars. To advance its light asset treasury strategy, the company completed its first round of private placement financing of 250 million dollars on July 8. According to Bloomberg data, as of 3:45 AM Eastern Time on July 17, the total amount of Ethereum held by the company has reached 300,657, with an average price of 3,461.89 dollars. (PR Newswire)