Bitmine Immersion Technologies has surpassed 6 million ETH holdings, valued at around $16 billion, making it the largest corporate holder of Ethereum globally. The company controls nearly 5% of Ethereum's circulating supply and has adopted a strategy similar to MicroStrategy's Bitcoin accumulation, but with Ethereum's staking feature to generate annual revenue between $211 million and $357 million. Although the pace of ETH purchases has slowed from over 100,000 weekly to about 17,000, Bitmine aims to maintain its 5% ownership target. Institutional investors like ARK Invest and Founders Fund support Bitmine, which offers indirect ETH exposure through its stock, though risks remain if ETH prices fall sharply.
Bitmine's Ethereum holdings are notable context for readers. For those following major cryptocurrencies on Pluang, 11 out of 50 rose and 38 fell today. EOS gained 8.13% to Rp12.649, while UNI dropped 8.41% to Rp162.312 and BCH fell 7.02% to Rp5.639.625. This data is as of Sep 28, 2026 19:21 WIB.
WTI crude oil is bouncing back from its 50-day moving average around $89.74, aiming for a resistance level near $105. This rebound follows market reactions to political news and recent profit-taking. Brent crude is consolidating above $100, a key sup...
Circle and Volante Technologies have partnered to integrate USD Coin (USDC) workflows into a payment platform used by banks. This integration allows financial institutions to test USDC minting, redemption, wallet registration, funding, notifications,...
Applied Industrial Technologies outperforms Fastenal as a dividend growth stock due to faster dividend increases, stronger coverage, a healthier balance sheet, and a lower valuation multiple. While Fastenal provides a higher starting yield and lower ...
Deutsche Bank increased its price target for C&C Group PLC shares to 150p from 104p following the company's Glasgow capital markets day on September 24. The event boosted confidence in C&C's turnaround strategy and its ability to meet financial targe...
Zcash (ZEC) saw its price increase by 3.53% within four hours, climbing from $1,545 to $1,599 as short-position liquidations reached $320,000. This price movement occurred even though ZEC was trading 3.10% lower compared to its level 24 hours earlier...
