Bitmine Immersion Technologies Holds 4.53M ETH Worth $8.9B, Total Assets Hit $10.3B

Bitmine Immersion Technologies holds 4,534,563 ETH valued at $8.9 billion, alongside $1.2 billion in cash and a $200 million equity position in Beast Industries, bringing combined crypto and cash holdings to $10.3 billion. The company's ETH position represents 3.76% of total ETH supply, which it describes as more than 75% of the way toward its stated "Alchemy of 5%" ownership goal. Bitmine is currently the 125th most traded stock in the United States, with an average daily trading volume of $1.0 billion over the past five days.