BitMine Immersion Technologies Controls 3.5 Million ETH Worth $12.3 Billion; Propanc Secures $100 Million
BitMine Immersion Technologies disclosed holdings exceeding 3.5 million ETH valued at $12.3 billion, representing 2.9% of Ethereum's total supply and establishing the firm as the largest institutional Ethereum holder globally. In a separate development, Propanc Biopharma entered a securities purchase agreement with Hexstone Capital LLC for a private placement of up to $100 million in convertible preferred stock to fund digital asset acquisitions and cancer treatment research.