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Not Done Yet: Bitmine Buys Another $963M in ETH, Hoard Tops 2.65M
['Zoran Spirkovski', 'Bhushan Akolkar', 'Ibrahim Ajibade']
News Archives - Coinspeaker
Key NotesBitMine announced its crypto and cash holdings have reached $11.6 billion, with its Ethereum treasury now exceeding 2.65 million ETH tokens.
The company announced on Sept. 29 that its total crypto and cash holdings have reached $11.6 billion, with its Ethereum ETH $4 162 24h volatility: 3.3% Market cap: $502.86 B Vol.
According to a press release, BitMine’s holdings now comprise 2,650,900 ETH and unencumbered cash reserves of $436 million, bringing the total value of its crypto and cash holdings to $11.6 billion.
The company’s treasury surpassed 2.4 million ETH just last week, while its holdings first topped $9 billion earlier in September.
The company’s crypto strategy also drives significant attention in traditional financial markets.