Bitmine Immersion Aims To Raise $20B To Boost Ethereum Holdings

Bitmine Immersion Aims To Raise $20B To Boost Ethereum Holdings

Bitmine Immersion Technologies plans to raise up to $20 billion through an expanded at-the-market offering, according to a fresh SEC filing. Proceeds will partly fund Ethereum purchases, diversifying beyond mining rewards. The new prospectus supplement, filed August 11, increases total stock sale capacity to $24.5 billion. Before this expansion, Bitmine had already sold $4.5 billion in shares, leaving $723 million from prior authorization. The ATM structure allows gradual sales on exchanges like NYSE American. If fully realized, this financing would be among the largest in crypto, strengthening Bitmine’s DeFi presence and ETH reserves.

Fundamental Global Eyes 10% Ethereum Stake With $5B Shelf Filing

Fundamental Global has filed a $5 billion shelf registration with the US SEC to expand its Ethereum treasury strategy, aiming for a 10% network stake.

Soon to be renamed FG Nexus, the Nasdaq-listed firm plans to become the largest corporate ETH holder, surpassing BitMine and SharpLink. The filing includes $4 billion in “at-the-market” stock sales, with the remainder in preferred stock, debt, or other securities.

The company seeks gains from ETH price growth, staking rewards, and tokenized real-world assets, citing accelerating institutional adoption of digital assets.

Hong Kong-listed Huajian Medical Expands Ethereum Holdings For Treasury Strategy

Hong Kong-listed Huajian Medical has launched a “Global Enhanced Ethereum Treasury” strategy, making ETH its main reserve asset. The company purchased 5,190 ETH for HKD$149 million ($3,661 each), gaining $1.8 million in one day as prices topped $4,000.

Plans include adding $112 million in ETH, with a total allocation target of HKD$880 million. Huajian joins firms like BitMine, SharpLink, and Coinbase in major ETH holdings, contributing to the collective 1.74 million ETH ($7.44B) owned by public companies, according to CoinGecko.

Strategy Adds 155 BTC For $18M, Expands Holdings To 628,946 BTC

Strategy purchased 155 Bitcoins for $18 million at $116,401 each, raising its total holdings to 628,946 BTC, acquired for $46.09 billion at an average of $73,288 per coin.

This year’s BTC yield stands at 25%, with Michael Saylor’s unrealized profit exceeding $30 billion. Recent buys include 821 BTC on July 29, 862 BTC on July 21, and 844 BTC on July 14, all yielding profits. Strategy stock rose 6.08% after the latest purchase. The company’s dollar-cost averaging plan continues, regardless of short-term price fluctuations.

Metaplanet Expands Bitcoin Treasury With $61.4M Purchase

Japan’s Metaplanet has added 518 BTC to its treasury for about $61.4 million at an average price of $118,519 per coin. This raises its total holdings to 18,113 BTC, bought for $1.85 billion at an average of $101,911 each. The latest purchase, completed on August 12, follows a July acquisition of 463 BTC for $53.7 million. Metaplanet’s rapid accumulation mirrors other Bitcoin-focused firms like Strategy.

Analysts say such concentrated corporate purchases reflect growing institutional adoption and the “Bitcoin standard” approach to treasury management.

BNB Treasury Firm BNC Acquires 200,000 Binance Coins, Becomes Largest Corporate Holder

Nasdaq-listed CEA Industries has purchased 200,000 Binance Coins worth $160 million, becoming the largest corporate holder of BNB. The acquisition is the first step in a $500 million treasury plan, with potential expansion to $1.25 billion. Funded by 10X Capital and YZi Labs, the purchase comes amid BNB’s global user base of 250 million and daily trading volume of $9.3 billion. BNC aims to boost institutional BNB adoption in the U.S., offering indirect exposure through its treasury model, eliminating the need for investors to hold BNB directly.

Nasdaq-listed Safety Shot Adds $25M In BONK To Treasury Via Bonk.fun Deal

Nasdaq-listed Safety Shot has secured $25 million worth of BONK tokens for its treasury after acquiring a 10% revenue stake in Solana-based launchpad Bonk.fun.

The platform, which generated $35 million in July user fees, leads Solana’s memecoin market with over 80% share. BONK, valued at $2 billion, has 980,000 holders and integration into 400+ Solana apps. Safety Shot will reinvest 90% of Bonk.fun revenue into BONK purchases, strengthening ties with the memecoin’s ecosystem.

Trump’s Crypto Ventures Generate $2.4B Since 2022

U.S. President Donald Trump has earned an estimated $2.4 billion from crypto ventures since 2022, according to The New Yorker. His earnings span NFTs, token sales via World Liberty Financial, UAE crypto deals, Bitcoin mining, a BTC treasury company, and a memecoin. The ventures now account for over 43% of Trump’s political-era personal wealth. This marks a shift from his 2019 criticism of cryptocurrencies, highlighting his growing stake in the industry he now helps regulate.

CoinDCX Reports $731M Holdings, 109% Volume Surge

CoinDCX, India’s leading crypto exchange, reported $731.1 million in holdings for July 2025, including $541.64 million in blockchain reserves. Its Crypto Investor Protection Fund rose 16% to ₹69.74 crore, while TDS payments increased 37.5% month-on-month to ₹20.05 crore.

Registered accounts crossed 2 crore, with spot trading volumes surging 109.8%. CoinDCX introduced “Expert Picks” trading signals, onboarded more liquidity providers, and listed five new tokens, expanding trading opportunities.

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