The listed company BitMine Immersion disclosed that the value of its Ethereum holdings has exceeded 1 billion dollars.

PANews, July 17 – According to a report by PR Newswire, BitMine Immersion (NYSE AMERICAN: BMNR) announced today that the value of its holdings in Ethereum and Ethereum equivalents has exceeded $1 billion. To advance its light asset treasury strategy, the company completed its first round of $250 million in private sale financing on July 8. According to Bloomberg data, as of 3:45 AM Eastern Time on July 17, the total amount of Ethereum held by the company is 300,657 units, with each priced at $3,461.89.

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