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BMNR's total Ethereum holdings have increased to approximately 625,000 coins, ranking first among institutional holdings.
On July 29, Bitmine Immersion (BMNR), a US-listed cryptocurrency reserve company with the largest Ethereum open interest, disclosed that its total BTC holdings have reached 192 coins, and its total ETH holdings are approximately 625,000 coins. The company has increased its holdings by 58,224 ETH, with a net asset value per share of $22.77. This evening, BMNR announced a $1 billion stock buyback plan.