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BitMine Immersion Technologies Reports $11.2 Billion in Crypto Assets and Investments

24/11 21:47

According to BlockBeats, BitMine Immersion Technologies has announced that its total holdings in cryptocurrency assets, cash, and potential investments have reached $11.2 billion. As of 7:30 PM Eastern Time on November 23, the company's crypto asset portfolio includes 3,629,701 ETH, 192 BTC, $38 million in Eightco Holdings equity, and $800 million in unencumbered cash. BitMine now holds 3% of the total supply of the Ethereum network. Over the past week, the company increased its holdings by 69,822 ETH. BitMine Chairman Thomas 'Tom' Lee stated that the 'Made in America Validator Network,' set to be deployed in early 2026, will serve as a benchmark solution for providing secure staking infrastructure.

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