BitMine Acquires $300 Million Worth of Ethereum, Boosts Holdings to 3.4 Million

Monday, Nov 3, 2025 10:31 am ET1min read

BitMine Immersion Technologies (BMNR) has purchased 82,353 Ethereum (ETH) worth $300 million, increasing its total ETH holdings to 3.4 million or 2.8% of Ethereum's supply. The company's total assets reached $13.7 billion, including a $62 million investment in Eightco Holdings and 192 Bitcoins. BitMine's share price fell 5.7% amid declining crypto markets, while ETH's price fell 3.5% to $3,715.

BitMine Acquires $300 Million Worth of Ethereum, Boosts Holdings to 3.4 Million

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