BitMine Immersion, a cryptocurrency mining company, has successfully raised $500 million in Ethereum through a recent capital raise. The company now holds a significant amount of the popular cryptocurrency, positioning itself for potential growth and expansion in the digital asset market. This successful fundraising effort demonstrates investor confidence in BitMine Immersion’s business model and future prospects.

Read more at Investing.com: BitMine Immersion holds $500 million in Ethereum after capital raise