BitMine Immersion Technologies acquired an additional 203,800 ETH, raising total assets to 1.34 billion USD.

robot
Abstract generation in progress

BitMine Immersion Technologies (NYSE: BMNR) has just announced that it purchased approximately 203,800 ETH in the past week, reinforcing its position in the crypto market. Following this transaction, the company's total cryptoassets and cash have reached approximately 1.34 billion USD.

The portfolio includes 3.24 million ETH, 192 BTC, approximately 219 million USD in cash, and 119 million USD in equity at Eightco Holdings. This move reflects BitMine's strong investment strategy in digital assets, particularly Ethereum, as part of its plans to expand into blockchain infrastructure and decentralized finance. Analysts believe that holding a large amount of ETH positions BitMine as one of the influential companies in the Ethereum ecosystem.

ETH0.92%
BTC2.31%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)