Blockchain innovation continues as BitMine Immersion Technologies, a public Bitcoin miner, embraces Ethereum by adopting its native token as a primary treasury asset. Priced at 250 million during a recent private placement, the move comes as Tom Lee of Fundstrat takes the helm as chairman. With Ethereum transitioning to proof-of-stake nearly three years ago, this strategic decision by BitMine signifies growing institutional confidence in ETH. Investors are eagerly watching as the landscape evolves, marking a significant moment in cryptocurrency history.