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Bitmine's Ethereum Holdings Reach $2 Billion Milestone

Guavy AI Editorial Team
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Bitmine Immersion Technologies (BMNR) announced its Ethereum holdings have reached 5.70 million tokens, representing 4.7% of the total ETH coin supply of 120.7 million.

The company's total crypto and cash holdings are now valued at $9.8 billion, with Bitmine's Series A Preferred Stock trading on the NYSE under the symbol BMNP.

Bitmine owns a significant stake in Eightco Holdings, worth $74 million, and has invested $180 million in Beast Industries. The company's total cash and marketable securities stand at $555 million.

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