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.