BitMine Immersion Technologies disclosed on Monday that its Ether holdings surged to $6.61B, up from $4.96B only a week earlier,

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Ether briefly surged above $4,300 for the first time in over three years, climbing approximately 15% this month following a 49% gain last month.

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As of August 3, BitMine owned 833,137 ETH, with Ethereum trading around $3,615, bringing the total value of its ETH holdings to over $3 billion.

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BitMine Immersion Technologies has surpassed $2 billion in Ethereum holdings, accumulating 566,776 ETH valued at $3,643.75 per coin as of July 23.

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