🧨 BITMINE IMMERSION BUYS 163,142 ETH WORTH $500 MILLION FOR CORPORATE TREASURY
Publicly traded American company BitMine Immersion has officially announced its purchase of 163,142 Ethereum (ETH) worth $500 million to be added to its corporate treasury assets.
This move marks BitMine's strategic commitment to digital assets, particularly Ethereum, as part of its effort to diversify and strengthen its long-term financial position.
This large-scale purchase also reinforces the growing trend of crypto institutionalization, as more and more public companies are adding digital assets to their balance sheets.
BitMine Immersion now joins the ranks of major firms that view crypto as an integral part of their modern treasury strategy.