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Pantera Capital Heavy Position in BitMine Immersion ranks as the third largest digital asset vault in the world.
On August 13, Pantera Capital revealed for the first time that it has invested over $300 million in digital asset treasury (DAT) companies. These companies hold a large amount of encryption assets and enhance the per-share Token holdings through yield strategies. BitMine Immersion, as a key Holdings of Pantera, became the third largest DAT company globally after launching its Ethereum treasury strategy, holding 1.15 million ETH with a market capitalization of approximately $4.9 billion.
Pantera pointed out that BitMine's share of ETH grew by approximately 330% in the first month, mainly due to ultra-high net worth issuance and staking rewards.