Bitmine Immersion Technologies officially announced it bought 65,438 ETH in the past week, raising total Ethereum holdings to 4.661 million ETH.
According to the company’s official announcement, Bitmine Immersion Technologies increased its Ethereum treasury to 4.661 million ETH, with combined crypto and cash holdings valued at $11.0 billion and representing about 3.86% of total ETH supply.
ETH
Fact Check
The statement is accurately supported by an official company announcement and SEC regulatory filings (8-K). The figures for the total ETH holdings (4.661 million), the weekly purchase amount (65,438 ETH), and the total valuation ($11.0 billion) match the primary source data released on March 22, 2026.
Summary
In an official announcement, Bitmine Immersion Technologies said it purchased 65,438 ETH over the past week, bringing its total Ethereum holdings to 4.661 million ETH. The company stated that its combined crypto and cash holdings are worth $11.0 billion. It also said its ETH position accounts for about 3.86% of Ethereum’s total supply.
Terms & Concepts
- ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions, network fees, and other on-chain activity.
- Ethereum: A blockchain network that supports smart contracts and decentralized applications, with ETH as its native asset.