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Bitmine Immersion Technologies bought $75.2 million worth of Ethereum over the past week, increasing its holdings to 5,983,940 ETH.
This latest acquisition represents approximately 4.9% of the token's total 122.1 million circulating supply.
The company, which identifies as the largest Ethereum treasury firm, has maintained a steady buying pace for more than a year, with the current purchase adding 27,562 ETH to its balance sheet.
| Metric | Value | | :--- | :--- | | Latest Purchase Value | $75.2 million | | ETH Acquired | 27,562 | | Total Holdings | 5,983,940 ETH | | Percentage of Supply | 4.9% | | Staked ETH | 5,000,000 | The acquisition occurs as Ethereum prices hit $2,735 on Sept.
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