BBMNR

Bitmine Immersion has swollen its ETH stash to about 5.85 million ETH (~$14.7B, ~4.8% of circulating supply) with a 32,447 ETH weekly add, while staking and policy signals underpin upside potential.

Bitmine Immersion Technologies has boosted its ether treasury to 5.797 million ETH (4.8% of supply) after adding 10,399 ETH in a week, valuing the holding at about $10.9B and making it the largest corporate ETH holder, while Tom Lee notes ether outperformed the Nasdaq 100 by 2,500 bps in July.