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Ethereum large holder Bitmine Immersion Technologies accelerates buying, new development in portfolio strengthening
Bitmine Immersion Technologies, a company gaining attention in the blockchain industry, is actively implementing strategies to optimize its cryptocurrency portfolio. The company continues to increase its holdings based on an immersion-type investment approach for Ethereum, significantly impacting the market.
Increased Holdings from Last Week’s Purchases
In a transaction in mid-January, the company added 24,266 ETH to its holdings. This move suggests that the company’s ETH strategy is continuously evolving and reflects a long-term commitment to the Ethereum protocol.
Dominant Position Accounting for 3.45% of Total Supply
Currently, Bitmine Immersion Technologies holds approximately 4,168,000 ETH, representing about 3.45% of the current total Ethereum supply. This ratio clearly indicates that the company is a major player within the Ethereum ecosystem and has established a position with significant influence on market trends.
Diversified Asset Portfolio Valued at $14 Billion
The company’s total asset portfolio is valued at approximately $14 billion, comprising a diversified mix of cryptocurrencies—including Ethereum—cash assets, and other investment products. This balanced structure ensures resilience against market fluctuations while enabling strategic growth opportunities.
Sustainable Income from Staking Rewards
A particularly noteworthy point is that about 1,256,000 ETH of the company’s holdings are already staked. This immersion-based long-term holding strategy generates a stable income stream through transaction fees and staking rewards, maximizing the efficiency of the portfolio.