Bitmine Immersion Technologies holds 4.42 million ETH worth $8.66 billion
Bitmine Immersion Technologies disclosed on Feb. 23 that it held 4,422,659 ETH as of Feb. 22, valued at approximately $8.66 billion at $1,958 per ETH. The position represents 3.66% of the total ETH supply of 120.7 million and is described as the largest corporate Ethereum reserve globally. The company also reported additional assets including 193 BTC, $200 million in Beast Industries equity, $17 million in Eightco Holdings equity, and $691 million in cash, bringing total holdings to approximately $9.6 billion.