JP MORGAN CHASE(US:JPM) Xin Lang Cai Jing·2025-11-08 05:19Core Insights - Morgan Stanley disclosed in its 13F-HR filing to the SEC that it held 1,974,144 shares of BitMine Immersion Technologies, valued at approximately $102 million as of September 30 [1] - BitMine, originally a Bitcoin mining company, is transitioning its strategy to focus on holding Ethereum (ETH) starting in 2025, and claims to have one of the largest corporate holdings of Ethereum globally [1] Company Summary - Morgan Stanley's investment in BitMine Immersion Technologies reflects a significant commitment to the cryptocurrency sector, particularly in Ethereum [1] - BitMine is repositioning itself from a Bitcoin mining operation to an Ethereum-centric strategy, indicating a shift in focus within the cryptocurrency mining industry [1]