Ethereum Whale Alert: $5B Treasury Boost Ignites Massive Rally 🚀

In just 7 days, Bitmine Immersion Technologies has significantly increased its Ethereum holdings, fueling a major market rally. Discover how this $5B treasury buy impacts ETH's future.

Benzinga•222 views•0:48

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The world’s largest Ethereum treasury just got even bigger — and it only took 7 days.

Bitmine Immersion Technologies has been buying ETH at lightning speed, riding Ethereum’s surge past $4,000 and hitting $4,300 over the weekend. According to Benzinga, Bitmine now holds $4.96 billion worth of ETH — up from $2.9 billion just a week ago.

With Funstrat’s Tom Lee now chairman, the company is chasing 5% of Ethereum’s total supply and leading crypto treasuries in speed and liquidity. Bitmine stock is already up 13% today after a 25% rally Friday.

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Published
Aug 11, 2025

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