BitMine Immersion Technologies Increases Ethereum Reserves Amid Market Downturn
BitMine Immersion Technologies, a publicly traded company with an Ethereum treasury, recently acquired an additional 51,162 ETH — worth approximately $98 million — despite the ongoing decline in Ethereum's price.
Over the past week, Ethereum, the second-largest cryptocurrency by market cap, fell about 4.1%, with its price fluctuating around $1,905. On Sunday, the asset hit a two-week low of $1,855 before beginning to recover.
"Despite this period, which some call a ‘mini-crypto winter,’ our main goal remains the ca
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