Publicly Listed BitMine Immersion Reveals Its Ethereum Holdings Exceed $1 Billion in Value

Odaily Planet Daily News: Publicly listed company BitMine Immersion announced today that the value of its Ethereum and Ethereum equivalents has exceeded $1 billion. To advance its light-asset treasury strategy, the company completed its first round of private financing of $250 million on July 8. According to Bloomberg data, as of 3:45 a.m. Eastern Time on July 17, the company held a total of 300,657 ETH at an average price of $3,461.89. (PR Newswire)