6 hours ago
BitMine Immersion Technologies (BMNR) has announced its cryptocurrency holdings present adjacent $9 billion, which the steadfast says makes it the second-largest crypto treasury steadfast successful the satellite down Strategy (MSTR), which holds 638,460 BTC worthy implicit $71 billion.
It besides fueled a 1,000% surge successful a banal looking to accumulate WLD.
The institution according to a press release, holds 2.069 cardinal ETH worthy astir $8.9 cardinal astatine existent prices, successful summation to 192 BTC and $266 cardinal successful unencumbered cash.
That brings the company’s full crypto and currency holdings to much than $9.2 billion, it said.
BMNR pivoted to an ETH treasury strategy successful June and aims to accumulate 5% of the full proviso of ether. It’s presently the largest ether treasury firm, with SharpLink Gaming (SBET) coming successful 2nd with a $3.6 cardinal ETH treasury according to StrategicETHReserve.
BitMine besides announced a $20 cardinal concern successful Eightco Holdings (OCTO), a determination it calls the archetypal successful its “Moonshot” concern strategy to “back bold ideas that fortify Ethereum’s immense ecosystem.”
Eightco plans to clasp worldcoin (WLD) arsenic its superior treasury asset. The backing comes arsenic portion of its $270 cardinal rise via a backstage concern successful nationalist equity (PIPE). OCTO shares are up much than 1,000% successful pre-market trading.
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