Major digital asset firms are stepping up their Ethereum (ETH) exposure as the cryptocurrency rebounds from recent lows. BitMine Immersion Technology has grown its Ethereum treasury to over $11 billion, while Bit Digital plans to raise $100 million to expand its ETH reserves. The moves signal rising institutional confidence in the asset amid a broader market recovery. ETH Bet Drives DAT Firms’ Stock Higher In a recent press release, Bit Digital, the seventh largest corporate holder of ETH, revealed that it plans to raise $100 million through a public offering of convertible senior notes set to mature in 2030
source: https://beincrypto.com/ethereum-institutional-accumulation-6000-target/