TechFlame News: According to Cointelegraph, despite the overall downturn in the crypto market and poor performance of treasury company stocks, the largest shareholder of Bitmine Immersion Technologies increased its investment in this Ethereum asset management firm during the fourth quarter of 2025. As disclosed in a Form 13F filing with the U.S. SEC, Morgan Stanley, the largest disclosed shareholder, raised its stake by approximately 26% to over 12.1 million shares, with a market value of around $331 million at the end of the quarter. The second-largest shareholder, ARK Investment Management, increased its holdings by about 27% to more than 9.4 million shares, valued at approximately $256 million.