Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 4.976 Million Tokens, and Total Crypto and Total Cash Holdings of $12.9 Billion
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Bitmine Immersion Technologies has announced its Ethereum holdings have reached 4.976 million tokens, valued at $12.9 billion including other crypto and cash holdings. The company is nearing its goal of acquiring 5% of the total Ethereum supply.
Bitmine Immersion Technologies, a Bitcoin and Ethereum company, has announced its crypto and total cash holdings total $12.9 billion. The company's Ethereum holdings stand at 4.976 million tokens, representing 4.12% of the total Ethereum supply. Bitmine's Ethereum holdings are valued at $11.4 billion, with additional holdings including 199 Bitcoin, $200 million in Beast Industries, and $107 million in Eightco Holdings. The company has been actively acquiring Ethereum, with 101,627 ETH purchased in the past week. Bitmine has launched MAVAN, an institutional-grade Ethereum staking platform, and is supported by institutional investors including ARK's Cathie Wood and Founders Fund. The company's stock is highly liquid, ranking as the 80th most traded stock in the US.
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