Bitmine Immersion Technologies (Bmmr).
The firm added more than 150,000 ETH until last week, according to a Tuesday press release. The purchase brought the company’s total handling to 1,866,974 tokens, worth nearly $ 8.1 billion at current prices, with nearly $ 635 million cash for further extraction, the firm said.
BMNR has slightly dropped pre-market to $ 43, and remained 35% lower than mid-August climax while ETH returned from record prices.
Bitmine, pivoted with an ETH approach in June, aims to be 5% of the second largest cryptocurrency supply and produce yield by staking tokens. The firm is currently in rank as the largest listed ETH Treasury firm and monitors only $ 71 billion BTC -dedicated to Bitcoin to all Crypto treasury companies.
