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BitMine Immersion Tops 833,000 ETH Stake to Claim Largest Corporate Ethereum Treasury

Aggressive OTC acquisitions backed by institutional investors such as ARK Invest, Bill Miller III, Founders Fund, Pantera Capital, Kraken, Galaxy Digital underpin a $2.9 billion Ethereum hoard

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Overview

  • BitMine Immersion ranks as the third largest public crypto treasury globally, trailing only MicroStrategy and Marathon Digital Holdings.
  • The firm’s stock (BMNR) averages $1.6 billion in daily trading volume, placing it among the top 50 most actively traded US-listed equities.
  • Leadership has signaled plans to amass up to 5% of Ethereum’s total supply, targeting approximately 6 million ETH for future accumulation.
  • Institutional backers—including ARK Invest, Bill Miller III, Founders Fund, Pantera Capital, Kraken, Galaxy Digital—have taken significant equity positions in BitMine.
  • Arkham Intelligence data shows BitMine acquired $300 million of ETH via Galaxy Digital’s OTC desk over three days, reflecting its aggressive acquisition velocity.