According to PANews and The Block, Pantera Capital invested over $300M in DAT companies, with BitMine Immersion emerging as the world’s third-largest DAT company due to 330% per-ETH growth driven by ultra-net-worth issuance and staking rewards.
On August 13, PANews reported, citing The Block, that Pantera Capital disclosed cumulative investments exceeding $300M in digital asset treasury companies. BitMine Immersion, a key holding, launched an Ethereum treasury strategy and now holds 1.15 million ETH with an approximate market capitalization of $4.9B, making it the world's third-largest DAT company. The 330% per-ETH growth was driven primarily by ultra-net-worth issuance and staking rewards.