- BitMine Immersion has been accumulating Ethereum tokens and holds the largest treasury, while Thomas Lee believes its future is tied to the Ethereum ecosystem.
- Cathie Wood and ARK Invest have invested over $300 million in BitMine Immersion.
BitMine Immersion Technology is targeting a 5% acquisition of Ethereum, with support from Cathie Wood, Pantera, and Kraken.
1 report, 1 independent
Updated Aug 28
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
BitMine Immersion Technology is targeting a 5% acquisition of Ethereum, with support from Cathie Wood, Pantera, and Kraken.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Ethereum
public blockchain platform with programmable transaction functionality
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Cathie Wood
American investor and businesswoman; CEO of Ark Invest
Related events
- Sharplink, Inc. is an ETH treasury platform, and several major institutions, including BlackRock and Renaissance Technologies, are reported institutional holders of Ethereum.
- Galaxy Digital and Sharplink, Inc. jointly launched an institutional investment vehicle that utilizes staked Ethereum for fund backing.
Coverage
Newest first; wire copies grouped- CoinspeakerSharpLink Gaming Profit Margin Hits 21% as Ethereum Bag Tops 800,000 ETH Nasdaq-listed Ethereum treasury firm SharpLink is close to reaching 800,000 ETH in its portfolio. According to CryptoQuant com