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Bitmine Reaches Milestone with 5.96 Million Ethereum Holdings

Guavy AI Editorial Team
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ETH
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Bitmine Immersion Technologies (BMNR) has announced its Ethereum holdings have reached 5.96 million tokens, worth approximately $15.8 billion at current prices.

This represents a significant milestone for Bitmine, which owns 4.9% of the total ETH coin supply of 122.0 million tokens.

The company's crypto and cash holdings now total $15.8 billion, with $549 million in cash and marketable securities, and other crypto assets including a stake in Beast Industries worth $180 million.

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