BitMine Immersion Announces Substantial ETH Holdings
BitMine Immersion (BMNR) has announced that its ETH holdings exceed 3.03 million tokens, with total crypto and cash holdings valued at $12.9 billion.
Notably, BitMine now owns more than 2.5% of the ETH token supply, marking a significant milestone in its journey towards the "Alchemy of 5%".
Key Holdings and Investors
- 3.03 million ETH tokens
- Unencumbered cash of $104 million
- Other crypto holdings
BitMine is supported by a premier group of institutional investors, including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital, and personal investor Thomas "Tom" Lee.
BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock.
With a daily trading average of $3.5 billion, BitMine is the 22nd most traded stock in the US.
Author's summary: BitMine's ETH holdings exceed 3 million tokens.