Bitmine Holdings Surge Past $15 Billion as Crypto Market Heats Up
Bitmine Immersion Technologies has announced its total holdings of $15.8 billion in crypto, cash, and marketable securities.
The company's stash includes 5.96 million ETH tokens, worth around $14.9 billion at the current price of $2,513 per ETH, which accounts for 4.9% of the total ETH supply of 122 million.
Bitmine also owns $98 million in Eightco Holdings (NASDAQ: ORBS) and has staked $12.7 billion worth of ETH on the MAVAN platform.