🎯 BitMine Immersion Acquires Over 5% of Total ETH Supply!

In a bold and unprecedented move, BitMine Immersion has acquired 833,137 ETH, valued at over $2.95 billion, in just 35 days — making it the largest ETH holder among corporate treasuries, second only to MicroStrategy and Marathon Blockchain in total crypto treasury size.

🚀 Two Major Milestones in Just One Month:

ETH Treasury Strategy launched on June 30 and closed July 8.

5% of the total circulating ETH supply now under BitMine's control.

High-profile investor Bill Miller III has taken a major stake in BitMine.

🧠 Why This Matters:

“BitMine moved with lightning speed to achieve what it calls the ‘Alchemy of 5%’,” said Thomas Lee, co-founder of Fundstrat.

⚡ BitMine’s stock (BMNR) is now one of the most actively traded equities in the U.S., with a 5-day average daily volume of $1.6 billion, ranking just behind Uber Technologies.

💸 What’s Next?

Investor Bill Miller believes BitMine will become significantly more profitable once ETH staking is activated, unlocking a powerful long-term yield stream.

📊 Market Trends:

6.73% of all ETH (~8.12M ETH) is now held by corporations and ETFs.

Strategic Ethereum reserves total 2.33M ETH, worth over $8.9B, involving 65 institutional participants.

Corporate accumulation has accelerated sharply since late June.

🔍 Can BitMine Sustain the Momentum?

BitMine has made a powerful statement in the Ethereum ecosystem, but the real test lies ahead in market conditions and execution of its staking plans.

👇 What do you think? Is ETH still a smart long-term play?

#BitMine #cryptouniverseofficial #BinanceSquare #CryptoTreasury #BMNR