BitMine Immersion Technologies increased its Ethereum treasury to 5,847,611 ETH, worth approximately $14.3 billion at the current price of $2,440 per ETH, representing 4.8% of Ethereum’s circulating supply. The company is 97% of the way toward its 5% target. BMNR stock reached $24.68, erasing the discount to its asset value of $23.85 per share. Ethereum’s 30% rally over the past few days accounted for much of the treasury valuation increase.
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