Deep Dive: Bitmine Immersion Technologies purchased 42,197 ETH worth about $73–74 million, increasing its holdings to 5.74 million ETH (around 4.8% of Ethereum's supply). Most of its ETH is staked through the MAVAN validator network, generating significant staking rewards. The company says its ETH-focused strategy is supported by growing optimism around the US Digital Asset Market CLARITY Act.

DEEP-3.97%
ETH-1.78%
US-20.39%
OP-5.63%
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