{"id":45294,"date":"2025-09-02T13:31:52","date_gmt":"2025-09-02T13:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45294"},"modified":"2025-09-02T13:31:52","modified_gmt":"2025-09-02T13:31:52","slug":"bitmine-immersion-boosts-ether-holdings-to-8-1b-with-623m-in-cash-for-more-purchases","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45294","title":{"rendered":"BitMine Immersion Boosts Ether Holdings to $8.1B, With $623M in Cash for More Purchases"},"content":{"rendered":"<div>\n<p>BitMine Immersion Technologies (BMMR), the Nasdaq-listed digital asset treasury firm led by Fundstrat&#8217;s Tom Lee, continued to accumulate tokens as crypto prices fell.<\/p>\n<p>The firm added over 150,000 ETH through last week, according to a <a href=\"https:\/\/www.coindesk.com\/business\/2025\/09\/02\/-immersion-bmnr-announces-release-of-august-investor-presentation-and-latest-video-message-from-tom-lee-chairman-302543489.html\">Tuesday press release<\/a>. The purchase brought the company&#8217;s total holdings to 1,866,974 tokens, worth roughly $8.1 billion at current prices, with around $635 million in cash for further acquisitions, the firm said.<\/p>\n<p>BMNR was slightly down pre-market at $43, and remained 35% lower than its mid-August peak as ETH pulled back from record prices.<\/p>\n<p>BitMine, which pivoted to an ETH strategy in June, aims to corner 5% of the second-largest cryptocurrency&#8217;s supply and generate yield by staking the tokens. The firm currently ranks as the largest listed ETH treasury firm and only trails the bitcoin-focused Strategy&#8217;s $71 billion BTC holdings among all crypto treasury firms.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMine Immersion Technologies (BMMR), the Nasdaq-listed digital asset treasury firm led by Fundstrat&#8217;s Tom Lee, continued to accumulate tokens as crypto prices fell. The firm added over 150,000 ETH through last week, according to a Tuesday press release. The purchase brought the company&#8217;s total holdings to 1,866,974 tokens, worth roughly $8.1 billion at current prices, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45294","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45294"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45294\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}