BitMine Immersion Increases Ethereum Holdings by $103 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 11 2025BitMine Immersion's Acquisition: BitMine Immersion has increased its Ethereum holdings by $103 million, now controlling over 2.83 million ETH, as part of its strategy to hold 5% of Ethereum's total supply.
Market Impact and Confidence: This acquisition is expected to influence Ethereum's market liquidity and staking dynamics, boosting investor confidence and contributing to a rise in Ethereum prices, while also increasing BitMine's total asset value to over $13.4 billion.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
