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BitMine Holds Over $6.12 Billion Worth of Cryptocurrency, Including 1.52 Million ETH and 192 BTC
Summary: According to PR Newswire, BitMine Immersion Technologies (BMNR) announced that its cryptocurrency reserves have exceeded $6.12 billion, including 1,523,373 Ethereum (ETH) and 192 Bitcoin (BTC), with the ETH reserves growing by $1.7 billion compared to last week, adding 373,000 coins. BitMine is now the largest Ethereum reserve globally and the second largest crypto reserve, behind ...
According to PR Newswire, BitMine Immersion Technologies (BMNR) announced that its cryptocurrency reserves have exceeded $6.12 billion, including 1,523,373 Ethereum (ETH) and 192 Bitcoin (BTC), with the ETH reserves growing by $1.7 billion compared to last week, adding 373,000 coins. BitMine is now the largest Ethereum reserve globally and the second largest crypto reserve, behind only Strategy Inc (MSTR).
The company aims to hold 5% of the total ETH supply and is backed by top institutional investors such as ARK, Founders Fund, and Pantera. Additionally, BMNR's stock has an average daily trading volume of $6.4 billion, making it the 10th largest liquid stock in the US.
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Link: BitMine Holds Over $6.12 Billion Worth of Cryptocurrency, Including 1.52 Million ETH and 192 BTC [Copy]