Bitmine Immersion Technologies expanded its Ethereum holdings last week, adding 24,266 ETH. As of January 11, the total Ethereum holdings of the institution reached approximately 4.168 million ETH, accounting for nearly 3.45% of the total network. In terms of asset allocation, its total assets in cryptocurrencies, cash, and other investments amount to about $14 billion. Notably, approximately 1.256 million ETH have been staked, reflecting the institution's optimistic outlook on the long-term value of Ethereum. Such a large-scale holding and staking activity also indirectly confirms institutional investors' ongoing interest in the current Ethereum ecosystem.