BitMine Immersion Technologies Acquires 126,971 ETH for $207M, Expanding Treasury to 5.5M ETH
AcquisitionCrypto

BitMine Immersion Technologies Acquires 126,971 ETH for $207M, Expanding Treasury to 5.5M ETH

Jun 8, 2026

Participants

Deal Summary

BitMine Immersion Technologies (NYSE: BMNR) bought 126,971 ether for about $207 million, raising its treasury holdings to 5.54 million ETH (4.59% of circulating supply). The purchase, disclosed in an SEC 8‑K filing dated June 8, 2026, values the company's crypto treasury at roughly $9.04 billion.

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