BitMine Immersion Acquires 96,798 ETH for $265 Million, Holdings Reach 3.73 Million Tokens

BitMine Immersion Technologies acquired 96,798 Ether valued at approximately $265 million during the week ending November 30, 2025. The purchase elevated the company's total Ethereum treasury to 3.73 million tokens, representing over 3% of circulating supply. Management accelerated weekly buying by 39% ahead of the Fusaka network upgrade scheduled for early December.