Bitmine Immersion Achieves Major Milestone with 4.066M ETH Tokens and $13.2 Billion Holdings
Major Milestone for Bitmine Immersion Technologies
Bitmine Immersion Technologies, Inc. (BMNR) has recently made headlines by announcing that its holdings of Ethereum (ETH) tokens have reached an impressive 4.066 million. This milestone places the company in a dominant position within the crypto market, as they now control 3.37% of the total ETH supply. With total cryptocurrency and cash holdings amounting to $13.2 billion, Bitmine continues to pave the way in the realm of long-term crypto investment.
As per reports from December 21st, Bitmine's crypto assets encompass not just Ethereum but also 193 Bitcoin (BTC) alongside a $32 million stake in Eightco Holdings. The figure of $1.0 billion held in cash further strengthens Bitmine’s financial backing, allowing for strategic investments and expansion.
Thomas
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